Rochester Hills - File #: 2015-0035

• File #: 2015-0035
• Version: 1
• Type: Finance
• Status: Passed
• File created: 1/16/2015
• In control: City Council Regular Meeting
• Final action: 2/9/2015
• Title: FY 2015 1st Quarter Budget Amendments

Date	Ver.	Action By	Action	Result
2/9/2015	1	City Council Regular Meeting

Title

FY 2015 1st 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 1st Quarter Budget Amendments was noticed on January 22, 2015; and

Whereas, the proposed FY 2015 1st Quarter Budget Amendments were available for public viewing beginning on January 30, 2015; and

Whereas, at its February 9, 2015 meeting City Council held a Public Hearing on the proposed FY 2015 1st 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	$24,626,600	$64,600	$24,691,200
Fund 202 - Major Road Fund	10,041,040	1,646,270	11,687,310
Fund 203 - Local Street Fund	10,265,970	114,700	10,380,670
Fund 206 - Fire Fund	7,618,230	2,236,280	9,854,510
Fund 207 - Special Police Fund	9,498,320	-	9,498,320
Fund 213 - RARA Millage Fund	590,780	-	590,780
Fund 214 - Pathway Millage Fund	564,100	55,610	619,710
Fund 232 - Tree Fund	60,580	-	60,580
Fund 244 - Water Resources Fund	508,700	710,000	1,218,700
Fund 265 - OPC Millage Fund	997,970	-	997,970
Fund 299 - Green Space Millage Fund	1,079,910	-	1,079,910
Fund 313 - Street Improvement Bond - 2001 Series Fund	273,160	-	273,160
Fund 314 - SAD Street Improvement Bond - 2001 Series Fund	274,980	-	274,980
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	2,755,770	652,780	3,408,550
Fund 403 - Pathway Construction Fund	407,800	298,880	706,680
Fund 420 - Capital Improvement Fund	2,426,620	710,000	3,136,620
Fund 510 - Sewer Operations	15,455,560	-	15,455,560
Fund 530 - Water Operations	18,282,050	-	18,282,050
Fund 593 - Water & Sewer Capital Fund	11,939,320	285,070	12,224,390
Fund 595 - Water & Sewer Debt Fund	1,541,040	-	1,541,040
Fund 631 - Facilities Fund	12,440,670	515,000	12,955,670
Fund 636 - MIS Fund	2,203,760	600,000	2,803,760
Fund 661 - Fleet Fund	3,235,030	24,850	3,259,880
Fund 677 - Insurance Fund	417,180	-	417,180
Fund 736 - Retiree Health Care Trust	137,390	-	137,390
Fund 752 - Cemetery Perpetual Care Fund	-	-	-
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	$140,316,520	$7,914,040	$148,230,560