File #: 2011-0555    Version: 1
Type: Finance Status: Passed
File created: 11/30/2011 In control: City Council Regular Meeting
On agenda: Final action: 12/5/2011
Title: FY 2012 4th Quarter Budget Amendments
Attachments: 1. Agenda Summary.pdf, 2. 2011 = 4th Qtr BA Overview.pdf, 3. 2011 = 4Q Budget Amendment Detail.pdf, 4. 2011 = 4Q Budget Amendment (Council Composite Detail)[1].pdf, 5. 2011 = 4Q Budget Adjustments.pdf, 6. 2011 = 4Q RARA + OPC BA Detail.pdf, 7. Public Hearing Notice.pdf, 8. Resolution.pdf
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
 
 
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.