File #: 2010-0336    Version:
Type: Finance Status: Passed
File created: 8/3/2010 In control: City Council Regular Meeting
On agenda: Final action: 9/27/2010
Title: Adoption of the Fiscal Year 2011 Budget
Attachments: 1. Agenda Summary.pdf, 2. Straw Poll Changes Budget Impacts.pdf, 3. 080910 Agenda Summary.pdf, 4. 2011 Proposed Budget Message.pdf, 5. 2011 Budget Presentation.pdf, 6. Suppl 2011 Budget Presentation (Revised).pdf, 7. Suppl CMN Budget Amendment.pdf, 8. Suppl Yalamanchi Document.pdf, 9. 080910 Resolution.pdf, 10. Resolution.pdf
Title
Adoption of the Fiscal Year 2011 Budget

Body
Whereas, in accordance with the provisions of Public Act 2 of 1968, Public Act 621 of 1978, the Uniform Budgeting and Accounting Act for Local Government, the Special Appropriations Act pursuant to PA 493 of 2000, and Section III of the Charter for the City of Rochester Hills, the Mayor as the Chief Executive Officer prepared the proposed budget for the ensuing year and submitted it to the Council at its first meeting in August; and

Whereas, at its August 9, 2010 meeting City Council acknowledged receipt from the Mayor of the Proposed 2011 Budget Plan and set a Public Hearing to be held September 13, 2010 at 7:00 p.m. to solicit comments on the proposed budget plan from the public; and

Whereas, at its September 13, 2010 meeting City Council held said Public Hearing on the proposed millage rates to defray the fiscal year 2011 proposed budget expenditures; and

Whereas, subsequent to the City Council's review and comments the Mayor adjusted the original proposed budget; and

Resolved, the following list of funds sets forth the general appropriations for the City and adopts the following City Budgets for fiscal year 2011.

Fund 101 - General Fund $20,788,900
Fund 202 - Major Road Fund $6,532,160
Fund 203 - Local Street Fund $5,165,020
Fund 206 - Fire Fund $6,989,890
Fund 207 - Special Police Fund $8,772,090
Fund 211 - Stoney Creek Perpetual Care Fund $0
Fund 213 - RARA Millage Fund $612,330
Fund 214 - Pathway Millage Fund $587,560
Fund 232 - Tree Fund $74,000
Fund 244 - Drain Maintenance Fund $886,180
Fund 265 - OPC Millage Fund $1,034,340
Fund 299 - Green Space Millage Fund $71,730
Fund 313 - Street Improvement Bond - 2001 Series Fund $260,770
Fund 314 - SAD Street Improvement Bond - 2001 Series Fund $235,800
Fund 325 - Street Improvement Bond - 2002 Series Fund $472,490
Fund 331 - Drain Debt Fund $2,007,150
Fund 369 - Older Persons Building Bond Refunding Fund $714,850
Fund...

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