File #: 2008-0661    Version: 1
Type: Finance Status: Passed
File created: 12/5/2008 In control: City Council Regular Meeting
On agenda: 12/15/2008 Final action: 12/15/2008
Title: 2008 4th Quarter Budget Amendment / Appropriations
Attachments: 1. Agenda Summary.pdf, 2. 2008 - 4Q BA (Expense Summary) (II).pdf, 3. 2008 - 4Q BA (Category Breakdown) (II).pdf, 4. 2008 - 4th Qtr Budget Amendments (II).pdf, 5. 2008 - 4Q BA (RARA).pdf, 6. 2008 - 4Q BA (OPC).pdf, 7. 2008 - Budget Adjustments .pdf, 8. 2008 - 4th Qtr Proposed Budget Summary.pdf, 9. Public Hearing Notice -.pdf, 10. Resolution.pdf

Title

2008 4th 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 2008 4th Quarter Budget Amendments was noticed on November 20, 2008; and

 

Whereas, the proposed 2008 4th Quarter Budget Amendments were available for public viewing beginning on December 5, 2008; and

 

Whereas, at its December 15, 2008 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 2008 fund totals as amended:

 

101 - General Fund

$27,079,590

202 - Major Road Fund

$10,402,590

203 - Local Street Fund

$6,632,750

206 - Fire Operating Fund

$8,347,810

207 - Special Police Fund

$8,683,220

211- Perpetual Care Fund

$61,000

214 - Pathway Maintenance Fund         

$691,630

232 - Tree Fund

$85,000

244 - Drain Maintenance Fund

$2,319,660

299 - Green Space Fund

$1,277,750

313 - Street Improvements Debt Fund 2001

$230,470

314 - SAD Street Improvements Debt Fund 2001

$228,800

325 - Street Improvement Debt Fund 2002

$403,360

331 - Drain Debt Millage Fund

$2,152,950

337 - SAD Street Improvements Debt 1994

$187,280

338 - SAD Street Improvements Debt 1995

$182,990

391 - 1998 Refunding Debt Fund

$444,500

392 - 2002 Refunding Debt Fund

$1,118,200

402 - Fire Capital Fund                            

$1,250,210

403 - Pathway Construction Fund           

$863,570

420 - Capital Improvement Fund

$534,200

592 - W&S Operating Fund

$27,517,190

593 - W&S Capital Fund                         

$7,575,440

631 - Facilities Fund                                

$5,025,020

636 - MIS Fund

$2,075,230

661 - Fleet Equipment Fund                   

$3,749,150

677 - Insurance Fund

$844,860

848 - LDFA Fund                                

$1,898,910

851 - SmartZone

$258,350

 

 

808 -  Rochester Area Recreation Authority

$2,230,300

820 - Older Persons Commission

$4,454,229

 

 

Now, 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