Title
Adoption of the Fiscal Year 2010 Budget
Body
Whereas, in accordance with the provisions of Public Act 2 of 1968, Public Act 621 of 1978, the Uniform Budgeting and Accounting Act for Local Government, the Special Appropriations Act pursuant to PA 493 of 2000, and Section III of the Charter for the City of Rochester Hills, the Mayor as the Chief Executive Officer prepared the proposed budget for the ensuing year and submitted it to the Council at its first meeting in August; and
Whereas, at its August 3, 2009 meeting City Council acknowledged receipt from the Mayor of the Proposed 2010 Budget Plan and set a Public Hearing to be held September 14, 2009 at 7:00 p.m. to solicit comments on the proposed budget plan from the public; and
Whereas, at its September 14, 2009 meeting City Council held said Public Hearing on the proposed millage rates to defray the fiscal year 2010 proposed budget expenditures; and
Whereas, subsequent to the City Councils review and comments the Mayor adjusted the original proposed budget; and
Resolved, the following sets forth the general appropriations for the City and adopts the following City Budgets for fiscal year 2010.
Fund 101 - General Fund $25,871,360
Fund 202 - Major Road Fund $ 4,946,460
Fund 203 - Local Street Fund $ 6,718,740
Fund 206 - Fire Fund $ 7,652,100
Fund 207 - Special Police Fund $ 9,019,000
Fund 211 - Stoney Creek Perpetual Care Fund $ 53,530
Fund 213 - RARA Millage Fund $ 690,180
Fund 214 - Pathway Millage Fund $ 666,480
Fund 232 - Tree Fund $ 49,000
Fund 244 - Drain Maintenance Fund $ 1,210,060
Fund 265 - OPC Millage Fund $ 1,165,860
Fund 299 - Green Space Millage Fund $ 1,113,890
Fund 313 - Street Improvement Bond - 2001 Series Fund $ 268,770
Fund 314 - SAD Street Improvement Bond - 2001 Series Fund $ 216,800
Fund 325 - Street Improvement Bond - 2002 Series Fund $ 433,740
Fund 331 - Drain Debt Fund $ 2,149,250
Fund 338 - SAD Street Improvement Bond - 1995 Series Fund $ 185,330
Fund 368 - Older Persons Building Bond Fund $ 779,350
Fund 370 - Municipal Building Debt Fund $ 726,460
Fund 391 - Refunding Bond - 1998 Series Fund $ 1,403,910
Fund 402 - Fire Capital Fund $ 182,000
Fund 403 - Pathway Construction Fund $ 722,750
Fund 420 - Capital Improvement Fund $ 151,810
Fund 510 - Sewer Operations $13,304,190
Fund 530 - Water Operations $17,218,050
Fund 593 - Water & Sewer Capital Fund $ 5,627,000
Fund 595 - Water & Sewer Debt Fund $ 285,040
Fund 631 - Facilities Fund $ 4,752,660
Fund 636 - MIS Fund $ 2,066,130
Fund 661 - Fleet Fund $ 3,432,030
Fund 677 - Insurance Fund $ 639,000
Fund 736 - Retiree Health Care Trust $ 195,220
Fund 808 - RARA Fund $ 2,075,200
Fund 820 - OPC Fund $ 4,208,606
Fund 843 - Brownfield Redevelopment Fund $ 40,920
Fund 848 - LDFA Fund $ 876,570
Fund 851 - SmartZone Fund $ 419,870
Fund 893 - EDC Fund $ 670
Be it further resolved, the Mayor is hereby 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. Adjustments from capital accounts and fund balances shall be made only by further action of the City Council.