File #: 2022-0345    Version:
Type: Finance Status: Passed
File created: 8/3/2022 In control: City Council Regular Meeting
On agenda: Final action: 9/26/2022
Title: Adoption of the Fiscal Year 2023 Budget
Attachments: 1. 092622 Agenda Summary.pdf, 2. 091222 Agenda Summary.pdf, 3. Public Hearing Notice.pdf, 4. 082222 Agenda Summary.pdf, 5. 082222 Budget Presentation Schedule.pdf, 6. SUPPL General Budget Overview.pdf, 7. 081522 Agenda Summary.pdf, 8. 081522 Resolution.pdf, 9. Resolution (Draft).pdf

Title

Adoption of the Fiscal Year 2023 Budget

 

Body

Whereas, in accordance with the provisions of Public Act 2 of 1968, Public Act 621 of 1978, the Uniform Budgeting and Accounting Act for Local Government, the Special Appropriations Act pursuant to PA 493 of 2000, and Section III of the Charter for the City of Rochester Hills, the Mayor as the Chief Executive Officer prepared the proposed budget for the ensuing year and submitted it to the Council at its first meeting in August; and

 

Whereas, at its August 15, 2022 meeting City Council acknowledged receipt from the Mayor of the Proposed Fiscal Year 2023 Budget Plan and set a Public Hearing to be held September 12, 2022 at 7:00 p.m. to solicit comments on the proposed budget plan from the public; and

 

Whereas, at its September 12, 2022 meeting City Council held said Public Hearing on the proposed budget plan and the related millage rates to defray the Fiscal Year 2023 proposed budget expenditures; and

 

Whereas, subsequent to the City Council’s review and comments, the Mayor adjusted the original proposed budget; and

 

Resolved, the following list of funds sets forth the general appropriations for the City and adopts the following City Budgets for Fiscal Year 2023. 

 

Be It Further Resolved, the Mayor is hereby authorized to administratively adjust the operating budget line items up to $25,000 per event, but in no case may total expenditures of a particular fund exceed that which is appropriated by the City Council without a budget amendment.  Adjustments from capital accounts and fund balances shall be made only by further action of the City Council.

 

Fund 101 - General Fund

 $    29,945,630

Fund 202 - Major Road Fund

         9,692,050

Fund 203 - Local Street Fund

       10,855,910

Fund 206 - Fire Fund

       13,619,790

Fund 207 - Special Police Fund

       10,634,510

Fund 208 - Parks Infrastruture Millage Fund

            680,000

Fund 213 - RARA Millage Fund

            761,850

Fund 214 - Pathway Millage Fund

            733,870

Fund 232 - Tree Fund

            169,000

Fund 244 - Water Resources Fund

         1,033,570

Fund 265 - OPC Millage Fund

         1,700,750

Fund 285 - ARPA Fund

         4,755,460

Fund 299 - Green Space Operating Fund

            372,030

Fund 331 - Drain Debt Fund

            222,120

Fund 402 - Fire Capital Fund

         1,409,210

Fund 403 - Pathway Construction Fund

            175,000

Fund 420 - Capital Improvement Fund

         5,952,090

Fund 510 - Sewer Operations

       16,644,990

Fund 530 - Water Operations

       22,575,130

Fund 593 - Water & Sewer Capital Fund

       16,903,670

Fund 595 - Water & Sewer Debt Fund

         1,159,370

Fund 596 - Solid Waste Fund

            688,640

Fund 631 - Facilities Fund

       17,884,940

Fund 636 - MIS Fund

         3,392,300

Fund 661 - Fleet Fund

         7,070,710

Fund 677 - Insurance Fund

            454,000

Fund 736 - Retiree Health Care Trust

            263,330

Fund 752 - Cemetery Perpetual Care Fund

                5,000

Fund 760 - Green Space Perpetual Care Fund

            400,220

Fund 243 - Brownfield Revolving Fund

                      -  

Fund 844 - Browfield Redevelopment Fund / Legacy

            327,960

Fund 848 - LDFA Fund

            500,910

Fund 870 - Museum Foundation Trust Fund

                   100

Total

 $  180,984,110