Title
FY 2020 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 2020 4th Quarter Budget Amendments was noticed on November 24, 2020; and
Whereas, the proposed FY 2020 4th Quarter Budget Amendments were available for public viewing beginning on December 4, 2020; and
Whereas, at its December 14, 2020 meeting City Council held a Public Hearing on the proposed FY 2020 4th Quarter Budget Amendments.
Now, Therefore, Be It Resolved, that the Rochester Hills City Council hereby adopts the following FY 2020 fund totals as amended:
Fund 2020 Current 2020 Proposed
Budget Net Change Budget
Fund 101 - General Fund $26,148,180 $1,289,890 $27,438,070
Fund 202 - Major Road Fund $10,035,370 $(885,250) $9,150,120
Fund 203 - Local Street Fund $11,805,410 $(430,750) $11,374,660
Fund 206 - Fire Fund $12,966,060 $446,640 $13,412,700
Fund 207 - Special Police Fund $9,969,690 $(208,170) $9,761,520
Fund 213 - RARA Millage Fund $694,690 $ - $694,690
Fund 214 - Pathway Millage Fund $701,190 $930 $702,120
Fund 226 - Solid Waste Fund $89,850 $ - $89,850
Fund 232 - Tree Fund $157,000 $(1,000) $156,000
Fund 244 - Water Resources Fund $670,010 $21,800 $691,810
Fund 265 - OPC Millage Fund $1,212,880 $ - $1,212,880
Fund 299 - Green Space Millage Fund $306,290 $(51,900) $254,390
Fund 331 - Drain Debt Fund $208,880 $ - $208,880
Fund 369 - Older Persons Building
Bond Refunding Fund $748,170 $ - $748,170
Fund 393 - City Hall Building Bond Fund $830,850 $ - $830,850
Fund 402 - Fire Capital Fund $2,817,680 $(544,300) $2,273,380
Fund 403 - Pathway Construction Fund $521,750 $(21,250) $500,500
Fund 420 - Capital Improvement Fund $6,047,400 $(55,000) $5,992,400
Fund 510 - Sewer Operations $16,449,610 $(1,088,570) $15,361,040
Fund 530 - Water Operations $20,338,530 $89,920 $20,428,450
Fund 593 - Water & Sewer Capital Fund $18,163,900 $(1,038,790) $17,125,110
Fund 595 - Water & Sewer Debt Fund $1,377,780 $ - $1,377,780
Fund 596 - Solid Waste Fund $662,200 $(174,000) $488,200
Fund 631 - Facilities Fund $17,898,710 $(110,600) $17,788,110
Fund 636 - MIS Fund $4,070,990 $(548,360) $3,522,630
Fund 661 - Fleet Fund $6,576,220 $(1,432,970) $5,143,250
Fund 677 - Insurance Fund $415,000 $ - $415,000
Fund 736 - Retiree Health Care Trust $179,180 $ - $179,180
Fund 752 - Cemetery Perpetual Care Fund $ - $ - $ -
Fund 761 - Green Space Perpetual Care
Trust $310,400 $(51,900) $258,500
Fund 844 - Brownfield Redevelopment
Fund-Legacy $180,320 $(25,010) $155,310
Fund 848 - LDFA Fund $529,820 $(416,060) $113,760
Fund 870 - Museum Foundation
Trust Fund $100 $39,950 $40,050
Grand Total $173,084,110 $(5,194,750) $167,889,360