HomeMy WebLinkAboutResolutions - 1986.09.25 - 10897Sub-total $ 1,316,000
MISCELLANEOUS RESOLUTION 86273
BY: FINANCE COMMITTEE, DR. G. WITTJAM CADDELL, CHAIRPERSON
IN RE: MANAGEMENT AND BUDGET DEPARTMENT - 1986 SECOND QUARTER FORECAST
AND BUDGET AMENDMENT
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Mt. Chairperson, Ladies and Gentlemen:
WHEREAS the Second Quarter Forecast prepared by the Department of
Management and Budget indicates that forecasted revenues will exceed the
1986 budgeted estimates by approximately $2,675,845; and
WHEREAS this forecast further indicates that total expenditures
projected on the basis of current spending levels will be approximately
$85,911 over budget appropriations; and
WHEREAS revenues from the Land Transfer Tax and State Income Tax are
running favorable to budget due to increased economic activity,
Investment Income is favorable due to a larger investment base, and
Health Division Water/Sewer evaluations revenue is favorable due to
increased number of mortgage evaluations; and
WHEREAS specific line items in the Probate Court Department and
Sheriff Department budgets are projected to be over budget by year end and
require additional funding.
NOW THEREFORE BE IT RESOLVED that the Oakland County Board of
Commissioners authorizes and transfers the following 1986 budget
amendment:
Revenues
902-01-00-9203 Land Transfer Tax Revenue $ 750,000
902-01-00-9306 State Income Tax 350,000
906-01-00-2233 Investment Income 136,000
162-20-00-2801 Health Div. Water/Sewer 80,000
Evaluations
Expenditures
Probate Court
343-01-00-3353
343-01-00-3591
343-01-00-3711
Foster Boarding Homes
Private Institutions
State Institutions
$ 20,000
380,000
400,000
Sheriff Department
433-10-00-3396 Hospitalization of Prisoners $ 86,000
433-10-00-3558 Outside Prisoner Housing 350,000
430-00-00-1001 Salaries (319,900)
430-00-00-1002 Overtime 319,900
909-01-00-9900 Contingency 80,000
$1,316,000
Total $ -0-
Mr. Chairperson, on behalf of the Finance Committee, I move the
adoption of the foregoing resolution.
FINANCE COMMITTEE
I Hi$Y APPROVE THE FOREGOING RESOLUTION
Dee
#86273 September 25, 1986
Lynn/D: Allen, Coaly Clerk
Register of Deeds
Moved by Caddell supported by Skarritt the resolution be adopted.
AYES: Fortino, Gosling, Hassberger, Hobart, Richard Kuhn,Susan Kuhn,
Lanni, McCnnell,McDonald, McPherson, Moffitt, Nelson, Olsen, Page, Perinoff, Pernick,
Price, Rewold, Rowland, Skarritt, Webb, Wilcox, Aaron, Caddell, Calandro, Doyon. (26)
NAYS: None (0)
A sufficient majority having voted therefor, the resolution was adopted.
$TATE. OF MiCHAGAW_
COUNTY OF OAKLAND),
I-, Lynn D. Allen, Clerk of the County of Oakland and having a
seal, do hereby certify that I have compared the annexed copy of
Miscellaneous Resolution adopted by the Oakland County Board of Commissioners
at their meeting held on September 25, 1986
with the original record thereof now remaining in my, office,
and that it is a true and correct transcript therefrom, and
of the whole thereof.
In Testimony Whereof, I have hereunto set my hand and affixed
the seal of said County at Pontiac, Michigan
this 25th day of September 1986