Title
FY 2014 3rd 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, the Public Hearing for the proposed FY 2014 3rd Quarter Budget Amendments was noticed on September 18, 2014; and
Whereas, the proposed FY 2014 3rd Quarter Budget Amendments were available for public viewing beginning on September 26, 2014; and
Whereas, at its October 6, 2014 meeting City Council held a Public Hearing on the proposed FY 2014 3rd Quarter Budget Amendments.
Now, Therefore, Be It Resolved, that the Rochester Hills City Council hereby approves the following FY 2014 fund totals as amended:
Fund |
Proposed Budget |
Fund 101 - General Fund |
$27,446,300 |
Fund 202 - Major Road Fund |
8,170,100 |
Fund 203 - Local Street Fund |
12,467,680 |
Fund 206 - Fire Fund |
7,454,340 |
Fund 207 - Special Police Fund |
9,186,000 |
Fund 214 - Pathway Millage Fund |
554,340 |
Fund 244 - Water Resources Fund |
555,460 |
Fund 402 - Fire Capital Fund |
842,460 |
Fund 403 - Pathway Construction Fund |
759,900 |
Fund 510 - Sewer Operations |
14,814,906 |
Fund 530 - Water Operations |
17,970,310 |
Fund 593 - Water & Sewer Capital Fund |
5,312,760 |
Fund 631 - Facilities Fund |
5,930,640 |
Fund 636 - MIS Fund |
3,703,290 |
Fund 661 - Fleet Fund |
3,670,700 |
Fund 677 - Insurance Fund |
409,000 |
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 amendment.