Rochester Hills - File #: 2023-0055

• File #: 2023-0055
• Version: 1
• Type: Finance
• Status: Passed
• File created: 2/1/2023
• In control: City Council Regular Meeting
• Final action: 2/27/2023
• Title: FY 2023 1st Quarter Budget Amendment

Date	Ver.	Action By	Action	Result
2/27/2023	1	City Council Regular Meeting	Adopted by Resolution	Pass

Title

FY 2023 1st Quarter Budget Amendment

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 2023 1^st Quarter Budget Amendments was noticed on February 9, 2023; and

Whereas, the proposed FY 2023 1^st Quarter Budget Amendments were available for public viewing beginning on February 17, 2023; and

Whereas, at its February 27, 2023 meeting City Council held a Public Hearing on the proposed FY 2023 1^st Quarter Budget Amendments.

Now, Therefore, Be It Resolved that the Rochester Hills City Council hereby approves the following FY 2023 fund totals as amended:

TOTAL BUDGET SUMMARY	2023 Current	Proposed Change	2023 Amended
101 - General Fund	$     29,945,630	$        202,500	$     30,148,130
202 - Major Road Fund	9,692,050	1,605,980	11,298,030
203 - Local Street Fund	10,855,910	-	10,855,910
206 - Fire Department Fund	13,619,790	-	13,619,790
207 - Special Police Fund	10,634,510	-	10,634,510
208 - Parks Millage Fund	680,000	-	680,000
213 - RARA Millage Fund	761,850	-	761,850
214 - Pathway Maintenance Fund	733,870	-	733,870
232 - Tree Fund	169,000	-	169,000
244 - Water Resources Fund	1,033,570	-	1,033,570
265 - OPC Millage Fund	1,700,750	-	1,700,750
285 - ARPA Fund	4,755,460	1,353,000	6,108,460
299 - Green Space Fund	372,030	-	372,030
331 - Water Resources Fund	222,120	-	222,120
402 - Fire Capital Fund	1,409,210	1,788,450	3,197,660
403 - Pathway Construction Fund	175,000	458,750	633,750
420 - Capital Improvement Fund	5,952,090	1,607,630	7,559,720
510 - Sewer Department	16,644,990	225,750	16,870,740
530 - Water Department	22,575,130	225,750	22,800,880
593 - Water & Sewer Capital Fund	16,903,670	7,714,780	24,618,450
595 - Water & Sewer Debt Fund	1,159,370	-	1,159,370
596 - Solid Waste Fund	688,640	-	688,640
631 - Facilities Fund	17,884,940	5,265,810	23,150,750
636 - MIS Fund	3,392,300	220,000	3,612,300
661 - Fleet Fund	7,070,710	1,535,660	8,606,370
677 - Insurance Fund	454,000	-	454,000
736 - Retiree Healthcare Trust Fund	263,330	-	263,330
752 - Cemetery Perpetual Care Trust Fund	5,000	-	5,000
761 - Green Space Perpetual Care Trust Fund	400,220	-	400,220
243 - Brownfield Revolving Fund	-	-	-
844 - Brownfield Redevelopment Fund [Legacy]	327,960	-	327,960
848 - LDFA Fund	500,910	848,000	1,348,910
870 - RH Museum Foundation Fund	100	-	100
GRAND TOTAL - ALL FUNDS	$  180,984,110	$  23,052,060	$  204,036,170