Title
2008 2nd Quarter Budget Amendment
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 2008 2nd Quarter Budget Amendments was noticed on May 22, 2008; and
Whereas, the proposed 2008 2nd Quarter Budget Amendments were available for public viewing starting on May 30, 2008; and
Whereas, at its June 9, 2008 meeting City Council held a Public Hearing on the proposed 2nd Quarter Budget Amendments.
Now, Therefore, Be It Resolved, that the Rochester Hills City Council hereby approves the following 2008 fund totals as amended:
101 - General Fund $27,330,160
202 - Major Road Fund $11,513,660
203 - Local Street Fund $6,657,070
206 - Fire Operating Fund $8,272,080
207 - Special Police Fund $8,678,620
211 - Perpetual Care Fund $99,000 *
214 - Pathway Maintenance Fund $699,910
244 - Drain Maintenance Fund $2,714,570
313 - 2001 Local Street Debt Fund $230,470 *
314 - 2001 Local Street SAD Debt Fund $228,800 *
325 - 2002 Local Street Debt Fund $403,360 *
337 - 1994 Local Street SAD Debt Fund $187,280 *
338 - 1995 Local Street SAD Debt Fund $182,990 *
391 - 1998 Refunding Debt Fund $444,500 *
392 - 2002 Refunding Debt Fund $1,121,140 *
402 - Fire Capital Fund $1,550,210
403 - Pathway Construction Fund $1,638,610
420 - Capital Improvement Fund $597,310 *
592 - W&S Operating Fund $28,937,890
593 - W&S Capital Fund $9,616,540
631 - Facilities Fund ...
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