Title
FY 2013 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 FY 2013 1st Quarter Budget Amendments was noticed on January 10, 2013; and
Whereas, the proposed FY 2013 1st Quarter Budget Amendments were available for public viewing beginning on January 18, 2013; and
Whereas, at its January 28, 2013 meeting City Council held a Public Hearing on the proposed FY 2013 1st Quarter Budget Amendments.
Now, Therefore, Be It Resolved, that the Rochester Hills City Council hereby approves the following FY 2013 fund totals as amended:
101 - General Fund $24,811,500
202 - Major Road Fund 7,002,340
203 - Local Street Fund 7,898,090
211 - Stoney Creek Perpetual Care Fund 1,225,000
244 - Water Resources Fund 625,100
592 - W&S Operating Fund 31,305,110
593 - W&S Capital Fund 6,647,140
595 - W&S Debt Fund 603,620
631 - Facilities Fund 5,571,940
636 - MIS Fund 1,823,850
661 - Fleet Equipment Fund 4,144,260
752 - Stoney Creek Perpetual Care Trust Fund* 1,328,120
* = No expenditure, revenue only
851 - SmartZone Fund 100,000
and, Therefore, 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 amend...
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