File #: 2010-0405    Version: 1
Type: Finance Status: Passed
File created: 9/29/2010 In control: City Council Regular Meeting
On agenda: Final action: 10/4/2010
Title: FY 2010 3rd Quarter Budget Amendments
Attachments: 1. Agenda Summary.pdf, 2. 2010 - 3rd Qtr BA Overview.pdf, 3. 2010 - 3rd Qtr Budget Amendments.pdf, 4. 2010 Budget Amendments.pdf, 5. Public Hearing Notice.pdf, 6. Suppl Bond Refunding Detail Explanation.pdf, 7. Resolution.pdf
Title
FY 2010 3rd 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 2010 3rd Quarter Budget Amendments was noticed on September 16, 2010; and

Whereas, the proposed 2010 3rd Quarter Budget Amendments were available for public viewing beginning on September 24, 2010; and

Whereas, at its October 4, 2010 meeting City Council held a Public Hearing on the proposed 3rd Quarter Budget Amendments.

Now, Therefore, Be It Resolved, that the Rochester Hills City Council hereby approves the following 2010 fund totals as amended:

101 - General Fund $25,613,270
202 - Major Road Fund $ 5,327,590
203 - Local Street Fund $ 6,718,740
206 - Fire Department Fund $ 7,860,720
207 - Special Police Fund $ 9,011,510
214 - Pathway Maintenance $ 666,480
244 - Drain Maintenance Fund $ 1,491,320
299 - Green Space Millage Fund $ 1,113,890
368 - OPC Building Debt Fund $ 917,060
369 - OPC Building Debt Refunding Fund $ 7,320,060
370 - Municipal Building Debt Millage Fund $ 576,220
393 - Municipal Bldg Refunding Debt Fund $ 7,031,890
402 - Fire Capital Fund $ 315,500
403 - Pathway Construction Fund $ 1,781,300
420 - Capital Improvement Fund $ 151,810
592 - W&S Operating Fund $30,312,050
593 - W&S Capital Fund $ 7,305,970
595 - Water & Sewer Debt Service Fund $ 1,200,570
631 - Facilities Fund $ 4,966,240
636 - MIS Fund $ 2,095,500
661 - Fleet Equipment Fund $ 3,914,600...

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