Rochester Hills - File #: 2018-0271

• File #: 2018-0271
• Version: 1
• Type: Administration
• Status: Passed
• File created: 6/21/2018
• In control: City Council Regular Meeting
• Final action: 7/16/2018
• Title: FY 2018 2nd Quarter Budget Amendments

Date	Ver.	Action By	Action	Result
7/16/2018	1	City Council Regular Meeting	Adopted by Resolution	Pass

Title

FY 2018 2nd 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 2nd Quarter Budget Amendments was noticed on June 28, 2018; and

Whereas, the proposed FY 2018 2nd Quarter Budget Amendments were available for public viewing beginning on July 6, 2018; and

Whereas, at its July 16, 2018 meeting City Council held a Public Hearing on the proposed FY 2018 2nd 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
FUND	Budget	Change	Budget
Fund 101 - General Fund	$23,980,150	($499,190)	$23,480,960
Fund 202 - Major Road Fund	11,060,540	515,510	11,576,050
Fund 203 - Local Street Fund	10,027,820	64,250	10,092,070
Fund 206 - Fire Department Fund	10,756,280	85,080	10,841,360
Fund 207 - Special Police Fund	9,758,090	-	9,758,090
Fund 213 - RARA Millage Fund	633,790	8,100	641,890
Fund 214 - Pathway Maintenance Fund	605,320	5,680	611,000
Fund 232 - Tree Fund	170,000	30,000	200,000
Fund 244 - Drain Maintenance Fund	1,467,090	-	1,467,090
Fund 265 - OPC Millage Fund	1,106,770	13,320	1,120,090
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	1,492,980	-	1,492,980
Fund 403 - Pathway Construction Fund	583,460	361,740	945,200
Fund 420 - Capital Improvement Fund	64,480	-	64,480
Fund 510 - Sewer Department	15,787,330	475,260	16,262,590
Fund 530 - Water Department	20,004,080	371,390	20,375,470
Fund 593 - Water & Sewer Capital Fund	9,148,510	(718,650)	8,429,860
Fund 595 - Water & Sewer Debt Fund	1,397,780	-	1,397,780
Fund 631 - Facilities Fund	14,667,560	221,750	14,889,310
Fund 636 - MIS Fund	2,421,600	343,350	2,764,950
Fund 661 - Fleet Fund	4,586,880	(346,580)	4,240,300
Fund 677 - Insurance Fund	395,000	-	395,000
Fund 736 - Retiree Healthcare Trust Fund	179,530	6,000	185,530
Fund 752 - Cemetery Perpetual Care Trust Fund	250,000	-	250,000
Fund 761 - Green Space Perpetual Care Trust Fund	286,090	-	286,090
Fund 848 - LDFA Fund	1,710,450	1,100,000	2,810,450
Fund 870 - Museum Foundation Fund	10,000	-	10,000
Fund 893 - EDC Fund	950	-	950
GRAND TOTAL - ALL FUNDS	$144,631,970	$2,037,010	$146,668,980