Title
Adoption of Agency Funds / Rochester Avon Recreation Authority (R.A.R.A.) Operating Fund; Older Person's Commission (O.P.C.) Operating Fund; Local Development Finance Authority (L.D.F.A.) Operating Fund; Economic Development Corporation (E.D.C.) - 2006 Budget (800's)
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, and the Charter for the City of Rochester Hills, Chapter III, Section 3.2, the Mayor as the Chief Executive Officer shall prepare the budget proposal for the ensuing year and shall submit it to the Council at its first meeting in August; and
Whereas, at its August 3, 2005 meeting City Council acknowledged receipt from the Mayor of the Proposed 2006 Budget Plan and set a Public Hearing to be held September 7, 2005 at 7:30 p.m. to hear comments on the Proposed Budget Plan; and
Whereas, at its September 14, 2005 meeting City Council adopted the tax rates in accordance with Chapter IV, Taxation, specifically Section 4.1, Power to Tax and Secure Revenue, and Section 4.2, Charter Tax Rate & Special Voted Millages Limitation, to be levied in December 2005 to provide the tax revenues included in the 2006 Budget.
Resolved, that the City Council of the City of Rochester Hills hereby adopts the Rochester Avon Recreation Authority (R.A.R.A.) Operating Fund Budget for Fiscal Year 2006 as follows:
Fund 808 - Rochester Avon Recreation Authority (R.A.R.A.) Operating Fund:
Municipal Contributions $ 609,585
Charges for Service 1,246,870
Interest Earnings 17,500
Miscellaneous Revenue 6,500
Total R.A.R.A. Operating Fund Revenues $1,880,455
Total R.A.R.A. Operating Fund Expenditures $1,880,455
Resolved...
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