Rochester Hills - File #: 2017-0439

• File #: 2017-0439
• Version: 1
• Type: Finance
• Status: Passed
• File created: 9/21/2017
• In control: City Council Regular Meeting
• Final action: 10/23/2017
• Title: 3rd Quarter Budget Amendments

Date	Ver.	Action By	Action	Result
10/23/2017	1	City Council Regular Meeting	Adopted by Resolution	Pass

Title

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 2017 3rd Quarter Budget Amendments was noticed on October 5, 2017; and

Whereas, the proposed FY 2017 3rd Quarter Budget Amendments were available for public viewing beginning on October 13, 2017; and

Whereas, at its October 23, 2017 meeting City Council held a Public Hearing on the proposed FY 2017 3rd Quarter Budget Amendments.

Now, Therefore, Be It Resolved, that the Rochester Hills City Council hereby approves the following FY 2017 fund totals as amended:

	Current		Amended
TOTAL BUDGET SUMMARY	Budget	Change	Budget
101 - General Fund	$23,450,270	$(360,800)	$23,089,470
202 - Major Road Fund	7,446,150	(36,720)	7,409,430
203 - Local Street Fund	9,445,090	(72,200)	9,372,890
206 - Fire Department Fund	10,522,820	-	10,522,820
207 - Special Police Fund	9,643,940	47,270	9,691,210
213 - RARA Millage Fund	624,500	-	624,500
214 - Pathway Maintenance Fund	599,310	-	599,310
232 - Tree Fund	203,630	-	203,630
244 - Drain Maintenance Fund	1,674,200	14,380	1,688,580
265 - OPC Millage Fund	1,090,300	-	1,090,300
299 - Green Space Fund	966,090	-	966,090
331 - Drain Debt Fund	209,550	-	209,550
369 - OPC Building Refunding Debt Fund	784,960	-	784,960
393 - Municipal Building Refunding Debt Fund	838,670	-	838,670
394 - 2012 Refunding Debt Fund	506,420	-	506,420
402 - Fire Capital Fund	2,918,690	-	2,918,690
403 - Pathway Construction Fund	485,650	-	485,650
420 - Capital Improvement Fund	456,140	-	456,140
510 - Sewer Department	15,718,880	(114,340)	15,604,540
530 - Water Department	19,437,100	(37,480)	19,399,620
593 - Water & Sewer Capital Fund	13,560,210	-	13,560,210
595 - Water & Sewer Debt Fund	1,401,660	-	1,401,660
631 - Facilities Fund	13,767,240	(57,710)	13,709,530
636 - MIS Fund	2,538,440	17,730	2,556,170
661 - Fleet Fund	4,085,830	(85,870)	3,999,960
677 - Insurance Fund	402,000	-	402,000
736 - Retiree Healthcare Trust Fund	148,470	-	148,470
752 - Cemetery Perpetual Care Trust Fund	-	-	-
761 - Green Space Perpetual Care Trust Fund	-	-	-
843 - Brownfield Redevelopment Fund	-	-	-
848 - LDFA Fund	708,230	-	708,230
853 - SmartZone Fund	19,050	-	19,050
870 - RH Museum Foundation Fund	10,000	-	10,000
893 - EDC Fund	950	-	950
GRAND TOTAL - ALL FUNDS	$143,664,440	$(685,740)	$142,978,700