Rochester Hills - File #: 2018-0431

• File #: 2018-0431
• Version: 1
• Type: Finance
• Status: Passed
• File created: 10/5/2018
• In control: City Council Regular Meeting
• Final action: 10/22/2018
• Title: FA 2018 3rd Quarter Budget Amendments

Date	Ver.	Action By	Action	Result
10/22/2018	1	City Council Regular Meeting	Adopted by Resolution	Pass

Title

FA 2018 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 2018 3rd Quarter Budget Amendments was noticed on October 4, 2018; and

Whereas, the proposed FY 2018 3rd Quarter Budget Amendments were available for public viewing beginning on October 12, 2018; and

Whereas, at its October 22, 2018 meeting City Council held a Public Hearing on the proposed FY 2018 3rd 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	$23,480,960	$742,730	$24,223,690
Fund 202 - Major Road Fund	11,576,050	214,560	11,790,610
Fund 203 - Local Street Fund	10,092,070	(83,360)	10,008,710
Fund 206 - Fire Department Fund	10,841,360	-	10,841,360
Fund 207 - Special Police Fund	9,758,090	(10,630)	9,747,460
Fund 213 - RARA Millage Fund	641,890	-	641,890
Fund 214 - Pathway Maintenance Fund	611,000	-	611,000
Fund 232 - Tree Fund	200,000	-	200,000
Fund 244 - Drain Maintenance Fund	1,467,090	18,170	1,485,260
Fund 265 - OPC Millage Fund	1,120,090	-	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	945,200	-	945,200
Fund 420 - Capital Improvement Fund	64,480	-	64,480
Fund 510 - Sewer Department	16,262,590	(65,900)	16,196,690
Fund 530 - Water Department	20,375,470	5,330	20,380,800
Fund 593 - Water & Sewer Capital Fund	8,429,860	-	8,429,860
Fund 595 - Water & Sewer Debt Fund	1,397,780	-	1,397,780
Fund 631 - Facilities Fund	14,889,310	1,135,600	16,024,910
Fund 636 - MIS Fund	2,764,950	(37,000)	2,727,950
Fund 661 - Fleet Fund	4,240,300	(127,370)	4,112,930
Fund 677 - Insurance Fund	395,000	-	395,000
Fund 736 - Retiree Healthcare Trust Fund	185,530	-	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	2,810,450	-	2,810,450
Fund 870 - Museum Foundation Fund	10,000	-	10,000
Fund 893 - EDC Fund	950	-	950
GRAND TOTAL - ALL FUNDS	$146,668,980	$1,792,130	$148,461,110