Title
FY 2013 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, 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 FY 2013 1st Quarter Budget Amendments was noticed on January 10, 2013; and
Whereas, the proposed FY 2013 1st Quarter Budget Amendments were available for public viewing beginning on January 18, 2013; and
Whereas, at its January 28, 2013 meeting City Council held a Public Hearing on the proposed FY 2013 1st Quarter Budget Amendments.
Now, Therefore, Be It Resolved, that the Rochester Hills City Council hereby approves the following FY 2013 fund totals as amended:
|
101 - General Fund |
$24,811,500 |
|
202 - Major Road Fund |
7,002,340 |
|
203 - Local Street Fund |
7,898,090 |
|
211 - Stoney Creek Perpetual Care Fund |
1,225,000 |
|
244 - Water Resources Fund |
625,100 |
|
592 - W&S Operating Fund |
31,305,110 |
|
593 - W&S Capital Fund |
6,647,140 |
|
595 - W&S Debt Fund |
603,620 |
|
631 - Facilities Fund |
5,571,940 |
|
636 - MIS Fund |
1,823,850 |
|
661 - Fleet Equipment Fund |
4,144,260 |
|
752 - Stoney Creek Perpetual Care Trust Fund* |
1,328,120 |
|
* = No expenditure, revenue only |
|
|
851 - SmartZone Fund |
100,000 |
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.