Rochester Hills - File #: 2015-0202

• File #: 2015-0202
• Version: 1
• Type: Finance
• Status: Passed
• File created: 5/7/2015
• In control: City Council Regular Meeting
• Final action: 6/1/2015
• Title: FY 2015 2nd Quarter Budget Amendments

Date	Ver.	Action By	Action	Result
6/1/2015	1	City Council Regular Meeting

Title

FY 2015 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, the Public Hearing for the proposed FY 2015 2^nd Quarter Budget Amendments was noticed on May 14, 2015; and

Whereas, the proposed FY 2015 2^nd Quarter Budget Amendments were available for public viewing beginning on May 22, 2015; and

Whereas, at its June 1, 2015 meeting City Council held a Public Hearing on the proposed FY 2015 2^nd Quarter Budget Amendments.

Now, Therefore, Be It Resolved, that the Rochester Hills City Council hereby approves the following FY 2015 fund totals as amended:

	2015 Current	Net	2015 Proposed
FUND	Budget	Change	Budget
Fund 101 - General Fund	24,691,200	1,372,990	26,064,190
Fund 202 - Major Road Fund	11,687,310	823,260	12,510,570
Fund 203 - Local Street Fund	10,380,670	1,662,340	12,043,010
Fund 206 - Fire Fund	9,854,510	10,810	9,865,320
Fund 207 - Special Police Fund	9,498,320	-	9,498,320
Fund 213 - RARA Millage Fund	590,780	3,460	594,240
Fund 214 - Pathway Millage Fund	619,710	3,280	622,990
Fund 232 - Tree Fund	60,580	(300)	60,280
Fund 244 - Water Resources Fund	1,218,700	579,000	1,797,700
Fund 265 - OPC Millage Fund	997,970	5,790	1,003,760
Fund 299 - Green Space Millage Fund	1,079,910	-	1,079,910
Fund 313 - Street Improvement Bond - 2001 Series Fund	273,160	20	273,180
Fund 314 - SAD Street Improvement Bond - 2001 Series Fund	274,980	50	275,030
Fund 331 - Drain Debt Fund	202,290	-	202,290
Fund 369 - Older Persons Building Bond Refunding Fund	773,840	-	773,840
Fund 393 - Municipal Building Refunding Bond - 2010 Series Fund	790,870	-	790,870
Fund 394 - Local Street Refunding - 2011 Series Fund	494,820	-	494,820
Fund 402 - Fire Capital Fund	3,408,550	-	3,408,550
Fund 403 - Pathway Construction Fund	706,680	(176,050)	530,630
Fund 420 - Capital Improvement Fund	3,136,620	541,500	3,678,120
Fund 510 - Sewer Operations	15,455,560	170,030	15,625,590
Fund 530 - Water Operations	18,282,050	83,460	18,365,510
Fund 593 - Water & Sewer Capital Fund	12,224,390	(500,000)	11,724,390
Fund 595 - Water & Sewer Debt Fund	1,541,040	-	1,541,040
Fund 631 - Facilities Fund	12,955,670	(50,000)	12,905,670
Fund 636 - MIS Fund	2,803,760	26,000	2,829,760
Fund 661 - Fleet Fund	3,259,880	(71,110)	3,188,770
Fund 677 - Insurance Fund	417,180	-	417,180
Fund 736 - Retiree Health Care Trust	137,390	-	137,390
Fund 752 - Cemetery Perpetual Care Trust	-	-	-
Fund 761 - Green Space Perpetual Care Trust	-	-	-
Fund 843 - Brownfield Redevelopment Fund	-	-	-
Fund 848 - LDFA Fund	323,450	-	323,450
Fund 851 - SmartZone Fund	85,000	-	85,000
Fund 870 - Museum Foundation Trust Fund	3,000	-	3,000
Fund 893 - EDC Fund	720	-	720
GRAND TOTAL	148,230,560	4,484,530	152,715,090