| 1000 Rochester Hills |
| Drive |
| Rochester Hills, MI 48309 |
| (248) 656-4660 |
| Home Page: |
| www.rochesterhills.org |
| Erik Ambrozaitis, Donald Atkinson, Kurt Dawson, Barbara Holder, Julie Jenuwine, |
| Jonathan Rea, Kyle Sucher, Alexandra Tatu, Ravi Yalamanchi |
| Chairperson Holder called the Financial Services Committee meeting to order at 6:22 |
| p.m. |
| Non-Voting Members Present: Kurt Dawson and Julie Jenuwine |
| Non-Voting Members Absent: Kyle Sucher and Alexandra Tatu |
| Committee Member Don Atkinson provided previous notice he would be unable to |
| attend and asked to be excused. |
| Attachments: |
| A motion was made by Yalamanchi, seconded by Ambrozaitis, that this matter |
| be Approved. |
| Resolved that the Financial Services Committee hereby approves the Minutes of |
| the Regular Meeting of November 10, 2005 as presented. |
| The motion carried by the following vote: |
| Referral to the Financial Services Committee of a Resolution Expressing |
| Support of Local Control of Cable Franchising and Opposition to Michigan |
| House Bill 5895 and Senate Bill 1157 |
| Referral Notice Cable.pdf; Agenda Summary.pdf; HB-5895.pdf; 0257 |
| Resolution.pdf; Memo - National Franchise Issue.pdf |
| Attachments: |
| The consensus of the committee was to table discussion on this agenda item until the |
| September Financial Services Committee meeting. |
| Mr. Yalamanchi will contact and invite State Representative John Garfield to come and |
| discuss this issue with the Committee. |
| 2006 2nd Qtr Variance Report Memo.pdf; June Exp Variance Report .pdf; |
| June Variance Revenue.pdf |
| Attachments: |
| Ms. Jenuwine provided a line-item detailed report for the 2nd Quarter actual revenues |
| and expenditures as they relate to the 2006 amended and original budget. |
| Fund Budget Actual Variance % Used |
| 101 - General Fund $24,777,790 $12,304,077 $12,473,713 49.66% |
| 202 - Major Road Fund 7,391,940 1,032,809 6,359,131 13.97% |
| 203 - Local Road Fund 3,881,450 960,693 2,920,757 24.75% |
| 206 - Fire Department 7,525,660 3,159,687 4,365,973 41.99% |
| 207 - Special Police Fund 7,909,790 2,714,908 5,194,882 34.32% |
| 211 - Stoney Creek Perpetual Care Fund 207,600 - 207,600 0.00% |
| 213 - R.A.R.A. Millage Fund 538,330 532,939 5,391 99.00% |
| 214 - Pathway Maintenance Fund 442,230 198,357 243,873 44.85% |
| 232 - Solid Waste Fund 42,000 40,015 1,985 95.27% |
| 232 - Tree Fund 171,660 66,968 104,692 39.01% |
| 244 - Public Improvement-Drains 3,103,310 743,395 2,359,915 23.95% |
| 265 - Older Person Millage Fund 1,128,940 1,117,480 11,460 98.98% |
| 299 - Green Space Preservation Fund 1,018,290 - 1,018,290 0.00% |
| 313 - Road Improvement 2001 Bond 189,320 44,656 144,664 23.59% |
| 314 - Local Road SAD-2001 Debt 214,800 44,900 169,900 20.90% |
| 325 - Road Improvement 2002 Bond 366,390 83,194 283,196 22.71% |
| 331 - Drain Debt Fund 2,210,400 1,987,532 222,868 89.92% |
| 337 - Local Road 1994 Bond Debt Fund 184,020 17,009 167,011 9.24% |
| 338 - Local Road 1995 Bond Debt Fund 198,960 21,978 176,983 11.05% |
| 368 - OPC Building Debt Fund 737,890 545,704 192,186 73.95% |
| 370 - Municipal Building Debt Fund 680,010 492,700 187,310 72.45% |
| 391 - Refunding Bond 1998 LTGO Fund 187,450 78,398 109,052 41.82% |
| 392 - Refunding Bond 2002 1,396,030 58,381 1,337,649 4.18% |
| 402 - Fire Capital Fund 916,810 30,934 885,876 3.37% |
| 403 - Pathway Construction Fund 370,000 1,057 368,943 0.29% |
| 420 - Capital Improvement Fund 1,018,430 478,730 539,700 47.01% |
| 592 - Water & Sewer Operating Fund 44,067,480 90,166,299 (46,098,819) 204.61% * |
| 593 - Water & Sewer Capital Fund 20,126,800 2,268,874 17,857,926 11.27% |
| 595- Water & Sewer Debt Fund 231,790 53,260 178,530 22.98% |
| 631 - Building & Grounds Fund 5,379,140 2,161,794 3,217,346 40.19% |
| 636 - MIS Fund 3,129,320 1,358,216 1,771,104 43.40% |
| 661 - Fleet Fund 2,748,480 1,243,905 1,504,575 45.26% |
| 677 - Insurance Fund 767,970 295,428 472,542 38.47% |
| 808 - Rochester Avon Recreation Authority 1,880,455 772,229 1,108,226 41.07% |
| 820 - Older Persons Commission 3,694,900 2,019,043 1,675,857 54.64% |
| 843 - Brownfield Redevelopment Authority Fund 28,870 - 28,870 0.00% |
| 848 - L.D.F.A. Fund 2,232,950 84,614 2,148,336 3.79% |
| 851 - SmartZone Fund 96,510 96,510 - 100.00% |
| 893 - Economic Development Corp 1,260 - 1,260 0.00% |
| *Due to moving $73 million in fixed assets to the W&S capital fund |
| A motion was made by Yalamanchi, seconded by Holder, that this matter be |
| Received and Filed. |
| The motion carried by the following vote: |
| Agenda Summary.pdf; 3rd Budget Amendments.pdf; Public Hearing |
| Notice.pdf; 0590 Resolution - Supplemental Information.pdf |
| Attachments: |
| Ms. Jenuwine presented the 3rd Quarter Budget Amendments noting that a large portion |
| of the 3rd Quarter Budget Amendments is a "look back" from the prior year. She |
| explained that a "look back" is internal service charge monies returned to the |
| appropriate department due to actuals coming in lower than the original budget. Ms. |
| Jenuwine explained the budget amendments pertaining to the following items: |
| Major Road Fund |
| Fire Fund |
| Police Fund |
| Pathways |
| Solid Waste |
| Drain Fund |
| Green Space |
| Fleet Fund |
| Capital Improvement Fund |
| Oakland County Sheriff Sub Station |
| Dairy Barn - Generator |
| Water and Sewer |
| Fire Hydrant Maintenance |
| Reservoir |
| Facilities or Building Grounds |
| Meadowfield Property Swap |
| MIS - R.A.M.P. |
| A motion was made by Yalamanchi, seconded by Ambrozaitis, that this matter |
| be Approved and Referred to the City Council Regular Meeting. |
| Resolved that the Third Quarter Budget Amendments - Fiscal Year 2006 be |
| referred to City Council. |
| The motion carried by the following vote: |
| Enactment No: RES0274-2006 |
| Attachments: |
| Ms. Jenuwine distributed copies of the Mayor's proposed 2007 Budget for Financial |
| Services to the Citizen Representatives. |
| Chairperson Holder adjourned the meeting at 7:40 p.m. |
| Minutes prepared by Sue Busam |
| Minutes were approved as presented at the December 13, 2006 Regular Financial |
| Services Committee Meeting. |