Title
2009 2nd Quarter Budget Amendment / Appropriations
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 2009 2nd Quarter Budget Amendments was noticed on May 28, 2009; and
Whereas, the proposed 2009 2nd Quarter Budget Amendments were available for public viewing beginning on June 12, 2009; and
Whereas, at its June 22, 2009 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 2009 fund totals as amended, with the removal of funds allocated for the Tienken Road Study:
101 - General Fund $27,909,650
202 - Major Road Fund $10,073,460
203 - Local Street Fund $6,903,830
206 - Fire Department Fund $8,388,240
299 - Green Space Fund $1,170,550
391 - 1998 Refunding Debt Fund $1,707,560
392 - 2002 Refunding Debt Fund $53,860
402 - Fire Capital Fund $833,500
403 - Pathway Construction Fund $1,548,660
592 - W&S Operating Fund $31,051,220
593 - W&S Capital Fund $5,466,430
661 - Fleet Equipment Fund $3,480,050
736 - Retiree Health Trust Fund $2,124,480
848 - LDFA Fund $1,183,000
851 - SmartZone Fund $451,030
and, Therefore, Be It 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.
NOTE: Fund totals include contributions to fund balance