File #: 2008-0451    Version: 1
Type: Finance Status: Passed
File created: 8/28/2008 In control: City Council Regular Meeting
On agenda: 9/8/2008 Final action: 9/8/2008
Title: 2008 3rd Quarter Budget Amendment
Attachments: 1. Agenda Summary.pdf, 2. 2008 - Budget Adjustments .pdf, 3. 3rd Qtr BA Summary Chart.pdf, 4. 2008 - Budget Amendments.pdf, 5. Public Hearing Notice.pdf, 6. Resolution.pdf
Title
2008 3rd 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 3rd Quarter Budget Amendments was noticed on August 21, 2008; and
 
Whereas, the proposed 2008 3rd Quarter Budget Amendments were available for public viewing starting on August 29, 2008; and
 
Whereas, at its September 8, 2008 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 2008 fund totals as amended:
 
101 - General Fund                              $27,156,880
202 - Major Road Fund                        $12,846,500
203 - Local Street Fund                        $6,685,160
206 - Fire Operating Fund                        $8,201,410
207 - Special Police Fund                        $8,678,620 *
214 - Pathway Maintenance Fund                      $696,160
244 - Drain Maintenance Fund                  $2,769,400
402 - Fire Capital Fund                                         $1,530,210
403 - Pathway Construction Fund                        $1,647,470
420 - Capital Improvement Fund                  $597,310
592 - W&S Operating Fund                        $28,756,250
593 - W&S Capital Fund                                      $9,747,170
631 - Facilities Fund                                                   $5,110,320
636 - MIS Fund                              $2,386,910
661 - Fleet Equipment Fund                                $3,951,320
848 - LDFA Fund                                             $2,333,910
 
* Signifies that the fund's total appropriation does not change