Title
FY 2016 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, the Public Hearing for the proposed FY 2016 1st Quarter Budget Amendments was noticed on February 4, 2016; and
Whereas, the proposed FY 2016 1st Quarter Budget Amendments were available for public viewing beginning on February 12, 2016; and
Whereas, at its February 22, 2016 meeting City Council held a Public Hearing on the proposed FY 2016 1st Quarter Budget Amendments.
Now, Therefore, Be It Resolved, that the Rochester Hills City Council hereby approves the following FY 2016 fund totals as amended:
2016 Current Net 2016 Proposed
FUND Budget Change Budget
Fund 101 - General Fund 22,047,740 3,127,500 25,175,240
Fund 202 - Major Road Fund 7,747,860 602,940 8,350,800
Fund 203 - Local Street Fund 10,258,360 40,000 10,298,360
Fund 206 - Fire Fund 10,113,740 - 10,113,740
Fund 207 - Special Police Fund 9,638,170 - 9,638,170
Fund 213 - RARA Millage Fund 612,250 - 612,250
Fund 214 - Pathway Millage Fund 584,540 30,730 615,270
Fund 232 - Tree Fund 208,900 - 208,900
Fund 244 - Water Resources Fund 574,110 967,410 1,541,520
Fund 265 - OPC Millage Fund 754,630 314,300 1,068,930
Fund 299 - Green Space Millage Fund 2,213,800 - 2,213,800
Fund 313 - Street Improvement Bond - 2001 Series Fund 261,800 - 261,800
Fund 314 - SAD Street Improvement Bond - 2001 Series Fund 288,530 - 288,530
Fund 331 - Drain Debt Fund 202,990 - 202,990
Fund 369 - Older Persons Building Bond Refunding Fund 785,530 - 785,530
Fund 393 - Municipal Building Refunding Bond - 2010 Series Fund 769,350 - 769,350
Fund 394 - Local Street Refunding - 2011 Series Fund 501,020 - 501...
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