Title
FY 2011 2nd 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, in accordance with Section 19 of Public Act 2 of 1968, the Uniform Budgeting and Accounting Act the City Council may permit the Mayor to execute adjustments to the budget within limits;
Whereas, the Public Hearing for the proposed 2011 2nd Quarter Budget Amendments was noticed on May 19, 2011; and
Whereas, the proposed 2011 2nd Quarter Budget Amendments were available for public viewing beginning on May 27, 2011; and
Whereas, at its June 6, 2011 meeting City Council held a Public Hearing on the proposed 2nd Quarter Budget Amendments.
Now, Therefore, Be It Resolved, that the Rochester Hills City Council hereby approves the following 2011 fund totals as amended:
101 - General Fund $ 23,500,780
202 - Major Road Fund 7,241,480
203 - Local Street Fund 5,240,020
206 - Fire Fund 7,001,290
207 - Special Police Fund 8,791,740
232 - Tree Fund 58,500
244 - Water Resources Fund 1,171,180
331 - Drain Debt Millage Fund 2,007,150
369 - OPC Building Refunding Debt Millage Fund 725,800
370 - Municipal Building Debt Fund 408,920
393 - Municipal Building Refunding Debt Fund 322,760
402 - Fire Capital Fund 470,000
420 - Capital Improvement Fund 193,970
592 - W&S Operating Fund 30,546,540
593 - W&S Capital Fund 5,711,860
631 - Facilities Fund 4,991,880
848 - LDFA Fund 712,240
Be It Further Resolved, the Mayor is authorized to administratively adjust the operating budget line-items up to $25,000 per event, but in no case may total expenditures of a particular fund exceed that which is appropriated by the City Council without a budget amendment.