Title
FY 2010 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 2010 1st Quarter Budget Amendments was noticed on February 4, 2010; and
Whereas, the proposed 2010 1st Quarter Budget Amendments were available for public viewing beginning on February 12, 2010; and
Whereas, at its February 22, 2010 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 2010 fund totals as amended:
101 - General Fund $25,901,360
202 - Major Road Fund 6,544,810
203 - Local Street Fund 7,557,720
244 - Drain Maintenance Fund 1,543,210
338 - SAD Street Improvements (1995 Series) 185,330
402 - Fire Capital Fund 205,500
403 - Pathway Construction Fund 1,740,300
592 - W&S Operating Fund 30,530,770
593 - W&S Capital Fund 5,781,620
631 - Facilities Fund 5,098,660
636 - MIS Fund 2,122,030
661 - Fleet Equipment Fund 4,013,910
848 - LDFA Fund 876,570
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 amendment.