Title
FY 2011 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, 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 2011 1st Quarter Budget Amendments was noticed on February 3, 2011; and
Whereas, the proposed 2011 1st Quarter Budget Amendments were available for public viewing beginning on February 18, 2011; and
Whereas, at its February 28, 2011 meeting City Council held a Public Hearing on the proposed 1st Quarter Budget Amendments.
Now, Therefore, Be It Resolved that the Rochester Hills City Council hereby approves the following 2011 fund totals as amended:
101 - General Fund $ 23,379,160
202 - Major Road Fund 6,943,980
244 - Water Resources Fund 1,062,180
299 - Green Space Millage Fund 1,471,670
403 - Pathway Construction Fund 627,250
420 - Capital Improvement Fund 193,970
592 - W&S Operating Fund 30,500,500
593 - W&S Capital Fund 5,711,860
595 - Water & Sewer Debt Service Fund 308,180
631 - Facilities Fund 4,949,880
636 - MIS Fund 2,061,380
661 - Fleet Equipment Fund 4,061,860
848 - LDFA Fund 674,400
Be It Further Resolved, the Mayor is authorized to administratively adjust the operating budget line-items up to $25,000 per event, but in no case may total expenditures of a particular fund exceed that which is appropriated by the City Council without a budget amendment.