Title
2004 Budget - Rochester Avon Recreation Authority (RARA)
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 6, 2003 meeting City Council acknowledged receipt from the Mayor of the proposed 2004 Budget Plan and set a Public Hearing to be held September 3, 2003 at 7:30 p.m. to hear comments on the proposed Budget Plan; and
Now Therefore Be It Resolved, that the City Council of the City of Rochester Hills hereby adopts the Rochester Avon Recreation Authority (R.A.R.A.) Budget for 2004 as follows:
Fund Balance $ 36,000
Municipal Contribution $ 560,947
Charges for Services $ 1,050,669
Investment Earnings $ 13,000
Other Revenue $ 9,000
Total Rochester Avon Recreation Authority Revenues $ 1,669,616
Total Rochester Avon Recreation Authority Expenditures $ 1,669,616