Title
FY 2010 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, 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 2010 4th Quarter Budget Amendments was noticed on November 18, 2010; and
Whereas, the proposed 2010 4th Quarter Budget Amendments were available for public viewing beginning on November 24, 2010; and
Whereas, at its December 6, 2010 meeting City Council held a Public Hearing on the proposed 4th Quarter Budget Amendments.
Now, Therefore, Be It Resolved that the Rochester Hills City Council hereby approves the following 2010 fund totals as amended:
101 - General Fund $ 25,747,160
202 - Major Road Fund $ 5,933,430
203 - Local Street Fund $ 4,284,120
206 - Fire Department Fund $ 7,788,220
207 - Special Police Fund $ 9,024,080
211 - Perpetual Care Fund $ 42,500
214 - Pathway Maintenance $ 658,730
232 - Tree Fund $ 38,910
244 - Drain Maintenance Fund $ 1,318,760
299 - Green Space Millage Fund $ 1,074,890
331 - Drain Debt $ 2,307,670
369 - OPC Building Debt Refunding Fund $ 7,320,060
391 - 1998 Refunding Debt Fund $ 1,443,180
402 - Fire Capital Fund $ 94,050
403 - Pathway Construction Fund $ 1,445,250
420 - Capital Improvement Fund $ 113,000
592 - W&S Operating Fund $ 28,766,800
593 - W&S Capital Fund $ 5,364,880
595 - Water & Sewer Debt Service Fund $ 1,222,810
631 - Facilities Fund $ 5,045,520
636 - MIS Fund $ 1,541,890
661 - Fleet Equipment Fund $ 3,041,260
677 - Insurance Fund $ 738,530
736 - Retiree Health Care Trust $ 245,640
808 - Rochester Avon Recreation Authority $ 2,072,050
820 - Older Person's Commission $ 4,109,038
843 - Brownfield $ 38,070
848 - LDFA Fund $ 1,074,140
851 - SmartZone Fund $ 403,920
NOTE: Some fund totals include contributions to fund balance.
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.