Rochester Hills - File #: 2018-0038

• File #: 2018-0038
• Version: 1
• Type: Finance
• Status: Passed
• File created: 1/31/2018
• In control: City Council Regular Meeting
• Final action: 2/26/2018
• Title: 1st Quarter Budget Amendments

Date	Ver.	Action By	Action	Result
2/26/2018	1	City Council Regular Meeting	Adopted by Resolution	Pass

Title

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, the Public Hearing for the proposed FY 2018 1st Quarter Budget Amendments was noticed on February 8, 2018; and

Whereas, the proposed FY 2018 1st Quarter Budget Amendments were available for public viewing beginning on February 16, 2018; and

Whereas, at its February 26, 2018 meeting City Council held a Public Hearing on the proposed FY 2018 1st Quarter Budget Amendments.

Now, Therefore, Be It Resolved, that the Rochester Hills City Council hereby approves the following FY 2018 fund totals as amended:

	Current		Amended
TOTAL BUDGET SUMMARY	Budget	Change	Budget
Fund 101 - General Fund	23,408,950	571,200	23,980,150
Fund 202 - Major Road Fund	7,232,930	3,827,610	11,060,540
Fund 203 - Local Street Fund	9,612,820	415,000	10,027,820
Fund 206 - Fire Department Fund	10,756,280	-	10,756,280
Fund 207 - Special Police Fund	9,758,090	-	9,758,090
Fund 213 - RARA Millage Fund	633,790	-	633,790
Fund 214 - Pathway Maintenance Fund	605,320	-	605,320
Fund 232 - Tree Fund	170,000	-	170,000
Fund 244 - Drain Maintenance Fund	1,357,090	110,000	1,467,090
Fund 265 - OPC Millage Fund	1,106,770	-	1,106,770
Fund 299 - Green Space Fund	286,220	-	286,220
Fund 331 - Drain Debt Fund	206,000	-	206,000
Fund 369 - OPC Building Refunding Debt Fund	782,200	-	782,200
Fund 393 - Municipal Building Refunding Debt Fund	805,020	-	805,020
Fund 402 - Fire Capital Fund	471,000	1,021,980	1,492,980
Fund 403 - Pathway Construction Fund	578,260	5,200	583,460
Fund 420 - Capital Improvement Fund	64,480	-	64,480
Fund 510 - Sewer Department	15,776,230	11,100	15,787,330
Fund 530 - Water Department	20,004,080	-	20,004,080
Fund 593 - Water & Sewer Capital Fund	6,510,590	2,637,920	9,148,510
Fund 595 - Water & Sewer Debt Fund	1,397,780	-	1,397,780
Fund 631 - Facilities Fund	8,450,710	6,216,850	14,667,560
Fund 636 - MIS Fund	2,249,440	172,160	2,421,600
Fund 661 - Fleet Fund	4,297,300	289,580	4,586,880
Fund 677 - Insurance Fund	395,000	-	395,000
Fund 736 - Retiree Health Care Trust Fund	179,530	-	179,530
Fund 752 - Cemetery Perpetual Care Trust Fund	250,000	-	250,000
Fund 761 - Green Space Perpetual Care Trust Fund	286,090	-	286,090
Fund 843 - Brownfield Redevelopment Fund	-	-	-
Fund 848 - LDFA Fund	1,307,450	403,000	1,710,450
Fund 870 - Museum Foundation Fund	10,000	-	10,000
Fund 893 - EDC Fund	950	-	950
GRAND TOTAL - ALL FUNDS	128,950,370	15,681,600	144,631,970