Title
FY 2012 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 2011 4th Quarter Budget Amendments was noticed on November 17, 2011; and
Whereas, the proposed 2011 4th Quarter Budget Amendments were available for public viewing beginning on November 28, 2011; and
Whereas, at its December 5, 2011 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 2011 fund totals as amended:
101 - General Fund |
$ 24,674,150 |
202 - Major Road Fund |
6,166,700 |
203 - Local Street Fund |
4,926,760 |
206 - Fire Fund |
7,119,990 |
207 - Special Police Fund |
8,729,650 |
211 - Perpetual Care Fund |
132,000 |
213 - RARA Millage Fund |
614,130 |
214 - Pathway Maintenance |
716,840 |
232 - Tree Fund |
74,830 |
244 - Water Resources Fund |
1,027,770 |
265 - OPC Millage Fund |
1,037,360 |
299 - Green Space Millage Fund |
948,130 |
313 - Street Improvements (2001 Series) |
260,770 |
314 - SAD Street Improvements (2001 Series) |
235,800 |
325 - Street Improvements (2002 Series) |
472,490 |
331 - Drain Debt Millage Fund |
2,021,070 |
369 - OPC Building Refunding Millage Fund |
727,310 |
394 - Refunding Debt Fund / 2011 Series |
2,352,790 |
402 - Fire Capital Fund |
390,000 |
403 - Pathway Construction Fund |
367,550 |
420 - Capital Improvement Fund |
183,000 |
592 - W&S Operating Fund |
30,232,350 |
593 - Water & Sewer Capital Fund |
4,816,470 |
595 - Water & Sewer Debt Service Fund |
351,720 |
631 - Facilities Fund |
4,825,200 |
636 - MIS Fund |
1,771,560 |
661 - Fleet Fund |
3,021,830 |
677 - Insurance Fund |
491,400 |
736 - Retiree Healthcare Trust Fund |
313,150 |
843 - Brownfield Redevelopment Fund |
35,730 |
848 - LDFA Fund |
1,149,910 |
851 - SmartZone Fund |
214,470 |
893 - EDC Fund |
200 |
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and, Therefore, 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.