Title
FY2020 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 2020 2nd Quarter Budget Amendments was noticed on July 9, 2020; and
Whereas, the proposed FY 2020 2nd Quarter Budget Amendments were available for public viewing beginning on July 17, 2020; and
Whereas, at its July 27, 2020 meeting City Council held a Public Hearing on the proposed FY 2020 2nd Quarter Budget Amendments.
Now, Therefore, Be It Resolved, that the Rochester Hills City Council hereby approves the following FY 2020 fund totals as amended:
TOTAL BUDGET SUMMARY Current Budget Change Amended Budget
Fund 101 - General Fund $ 25,874,860 $ 295,560 $ 26,170,420
Fund 202 - Major Road Fund 11,184,100 (1,832,920) 9, 351,180
Fund 203 - Local Street Fund 11, 936,800 (114,380) 11,822,420
Fund 206 - Fire Department Fund 12,595,480 370,580 12,966, 060
Fund 207 - Special Police Fund 9,969,840 - 9,969,840
Fund 213 - RARA Millage Fund 683,470 11,220 694,690
Fund 214 - Pathway Maintenance Fund 662,250 38,940 701,190
Fund 226 - Solid Waste Fund 662,200 (572,350) 89,850
Fund 232 - Tree Fund 164,000 (7,000) 157,000
Fund 244 - Drain Maintenance Fund 680,79 (20,000) 660,790
Fund 265 - OPC Millage Fund 1, 193,310 19,570 1,212,880
Fund 299 - Green Space Fund 306,290 - 306,290
Fund 331 - Drain Debt Fund 208,880 - 208,880
Fund 369 - OPC Building Refunding
Debt Fund 748,170 - 748,170
Fund 393 - Municipal Building Refunding
Debt Fund 830,850 - 830,850
Fund 402 - Fire Capital Fund 2,688,370 (20,690) 2,667,680
Fund 403 - Pathway Construction Fund 508,000 13,750 521,750
Fund 420 - Capital Improvement Fund 7,220,990 (763,000) 6,457,990
Fund 510 - Sewer Department Fund 16,618,500 (82,800) 16,535,700
Fund 530 - Water Department Fund 20,515,29 (30,000) 20,458,290
Fund 593 - Water & Sewer Capital Fund 20,555,44 (2,391,540) 18,163,900
Fund 595 - Water & Sewer Debt Fund 1,405,580 (27,800) (1,377,780)
Fund 596 - Solid Waste Fund - 662,200 662,200
Fund 631 - Facilities Fund 20,047,320 (1,433,320) 18,614,000
Fund 636 - MIS Fund 4,701,220 (612,400) 4,088,820
Fund 661 - Fleet Fund 7,032,280 (312,860) 6,719,420
Fund 677 - Insurance Fund 415,000 - 415,000
Fund 736 - Retiree Healthcare Trust Fund 179,180 - 179,180
Fund 752 - Cemetery Perpetual Care Trust Fund - - -
Fund 761 - Green Space Perpetual Care
Trust Fund 305,200 5,200 310,400
Fund 843 - Brownfield Redevelopment Fund 180,320 - 180,320
Fund 848 - LDFA Fund 726,070 (196,250) 529,820
Fund 870 - RH Museum Foundation Fund 100 - 100
GRAND TOTAL - ALL FUNDS $ 180,800,150 $ (7,000,290) $ 173,799,860