File #: 2014-0271    Version: 1
Type: Finance Status: Passed
File created: 6/19/2014 In control: City Council Regular Meeting
On agenda: Final action: 7/21/2014
Title: FY 2014 2nd Quarter Budget Amendments
Attachments: 1. Agenda Summary.pdf, 2. 2014 - 2nd Qtr BA - Overview.pdf, 3. 2014 - 2nd Qtr BA - Adjustment Detail.pdf, 4. 2014 - 2nd Qtr BA - Amendment Detail.pdf, 5. Public Hearing Notice.pdf, 6. Resolution.pdf
Title
FY 2014 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 2014 2nd Quarter Budget Amendments was noticed on July 3, 2014; and
 
Whereas, the proposed FY 2014 2nd Quarter Budget Amendments were available for public viewing beginning on July 11, 2014; and
 
Whereas, at its July 21, 2014 meeting City Council held a Public Hearing on the proposed FY 2014 2nd Quarter Budget Amendments.
 
Now, Therefore, Be It Resolved, that the Rochester Hills City Council hereby approves the following FY 2014 fund totals as amended:
 
 101 - General Fund
     $27,725,690
 202 - Major Road Fund
        8,215,550
 203 - Local Street Fund
      12,531,200
 206 - Fire Fund
        7,454,340
 207 - Special Police Fund
        9,197,870
 213 - RARA Millage Fund
           580,550
 214 - Pathway Maintenance Fund
           554,340
 232 - Tree Fund
             56,240
 244 - Water Resources Fund
           557,590
 265 - OPC Millage Fund
           980,640
 299 - Green Space Millage Fund
           907,260
 331 - Drain Debt Fund
           312,590
 369 - OPC Building Debt Fund
           759,010
 402 - Fire Capital Fund
           842,460
 403 - Pathway Construction Fund
           759,900
 420 - Capital Improvement Fund
           204,150
 592 - W&S Operating Fund
      33,201,400
 593 - W&S Capital Fund
        5,298,260
 631 - Facilities Fund
        5,998,580
 636 - MIS Fund
        3,721,380
 661 - Fleet Equipment Fund
        3,722,540
 736 - Retiree Healthcare Trust Fund
           303,750
 752 - Perpetual Care Trust Fund
           114,150
 848 - LDFA Fund
           655,840
 
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.