Title
4th Quarter Budget Amendments
Body
Whereas, in accordance with the provisions of Public Act 2 of 1968, the Uniform Budgeting and Accounting Act, and the Charter for the City of Rochester Hills, Chapter III Section 3.7, the City Council may amend the budget during the fiscal year, either on its own initiative or upon recommendation of the Mayor; and
Whereas, the Public Hearing for the proposed FY 2017 4th Quarter Budget Amendments was noticed on November 22, 2017; and
Whereas, the proposed FY 2017 4th Quarter Budget Amendments were available for public viewing beginning on December 1, 2017; and
Whereas, at its December 11, 2017 meeting City Council held a Public Hearing on the proposed FY 2017 4th Quarter Budget Amendments.
Now, Therefore, Be It Resolved, that the Rochester Hills City Council hereby adopts the following FY 2017 fund totals as amended:
2017 Current Net 2017 Proposed
TOTAL BUDGET SUMMARY Budget Change Budget
101 - General Fund $23,089,470 (1,050,790) $22,038,680
202 - Major Road Fund 7,409,430 (887,770) 6,521,660
203 - Local Street Fund 9,372,890 (238,020) 9,134,870
206 - Fire Department Fund 10,522,820 163,790 10,686,610
207 - Special Police Fund 9,691,210 (369,970) 9,321,240
213 - RARA Millage Fund 624,500 (5,330) 619,170
214 - Pathway Maintenance Fund 599,310 6,800 606,110
232 - Tree Fund 203,630 (52,000) 151,630
244 - Drain Maintenance Fund 1,688,580 (489,080) 1,199,500
265 - OPC Millage Fund 1,090,300 (9,000) 1,081,300
299 - Green Space Fund 966,090 (22,090) 944,000
331 - Drain Debt Fund 209,550 - 209,550
369 - OPC Building Refunding Debt Fund 784,960 - 784,960
393 - Municipal Building Refunding Debt Fund 838,670 - 838,670
394 - 2012 Refunding Debt Fund 506,420 - 506,420
402 - Fire Capital Fund 2,918,690 (55,980) 2,862,710
403 - Pathway Construction Fund 485,650 3,520 489,170
420 - Capital Improvement Fund 456,140 (120,000) 336,140
510 - Sewer Department 15,604,540 (621,660) 14,982,880
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