Rochester Hills - File #: 2015-0316

• File #: 2015-0316
• Version: 4
• Type: Finance
• Status: Passed
• File created: 7/31/2015
• In control: City Council Regular Meeting
• Final action: 9/28/2015
• Title: Adoption of the Fiscal Year 2016 Budget

Date	Ver.	Action By	Action	Result
9/28/2015	4	City Council Regular Meeting	Adopted by Resolution	Pass
9/14/2015	3	City Council Regular Meeting	Discussed
8/17/2015	2	City Council Special Meeting	Discussed
8/10/2015	1	City Council Regular Meeting	Adopted by Resolution	Pass

Title

Adoption of the Fiscal Year 2016 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 10, 2015 meeting City Council acknowledged receipt from the Mayor of the Proposed Fiscal Year 2016 Budget Plan and set a Public Hearing to be held September 14, 2015 at 7:00 p.m. to solicit comments on the proposed budget plan from the public; and

Whereas, at its September 14, 2015 meeting City Council held said Public Hearing on the proposed budget plan and the related millage rates to defray the Fiscal Year 2016 proposed budget expenditures; and

Whereas, subsequent to the City Council’s review and comments, the Mayor adjusted the original proposed budget; and

Resolved, the following list of funds sets forth the general appropriations for the City and adopts the following City Budgets for Fiscal Year 2016. 

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.

Adoption of the FY 2016 Annual Appropriation Budget(s) for the
City of Rochester Hills, Michigan
Fund 101 - General Fund	$   22,047,740
Fund 202 - Major Road Fund	7,747,860
Fund 203 - Local Street Fund	10,258,360
Fund 206 - Fire Fund	10,113,740
Fund 207 - Special Police Fund	9,638,170
Fund 213 - RARA Millage Fund	612,250
Fund 214 - Pathway Millage Fund	584,540
Fund 232 - Tree Fund	208,900
Fund 244 - Water Resources Fund	574,110
Fund 265 - OPC Millage Fund	754,630
Fund 299 - Green Space Millage Fund	2,213,800
Fund 313 - Street Improvement Bond - 2001 Series Fund	261,800
Fund 314 - SAD Street Improvement Bond - 2001 Series Fund	288,530
Fund 331 - Drain Debt Fund	202,990
Fund 369 - Older Persons Building Bond Refunding Fund	785,530
Fund 393 - Municipal Building Refunding Bond - 2010 Series Fund	769,350
Fund 394 - Local Street Refunding - 2011 Series Fund	501,020
Fund 402 - Fire Capital Fund	1,806,200
Fund 403 - Pathway Construction Fund	391,050
Fund 420 - Capital Improvement Fund	452,750
Fund 510 - Sewer Operations	15,155,900
Fund 530 - Water Operations	17,792,290
Fund 593 - Water & Sewer Capital Fund	7,776,190
Fund 595 - Water & Sewer Debt Fund	1,558,400
Fund 631 - Facilities Fund	6,089,270
Fund 636 - MIS Fund	2,789,870
Fund 661 - Fleet Fund	4,622,570
Fund 677 - Insurance Fund	416,000
Fund 736 - Retiree Health Care Trust	144,940
Fund 752 - Cemetery Perpetual Care Fund	-
Fund 760 - Green Space Perpetual Care Fund	-
Fund 843 - Brownfield Redevelopment Fund	-
Fund 848 - LDFA Fund	337,800
Fund 851 - SmartZone Fund	-
Fund 870 - Museum Foundation Trust Fund	10,000
Fund 893 - EDC Fund	950
Total	$ 126,907,500