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HomeMy WebLinkAboutResolutions - 1979.10.31 - 12471148,000 417,000 F INA7 COMMITTEE Dennis Muhabf. Chaieberson NG RESOLUT 1 CV November 1, 1979 MISCELLANEOUS RESOLUTION # 9175 BY: FINANCE COMMITTEE, DENNIS MURPHY, CHAIRPERSON IN RE: BUDGET AMENDMENT - CONTINGENT AND SALARY ADJUSTMENT APPROPRIATIONS TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mr. Chairperson, Ladies and Gentlemen: WHEREAS the Second Quarter Forecast prepared by the Department of Management and Budget indicates the County will have an operating surplus of $1,237,350; and WHEREAS $200,000 has been committed to a millage reduction fund for 1980; and WHEREAS the Contingent Fund has a balance of less than $7,000, which is insufficient for the remainder of 1979; and WHEREAS the reserve for salary adjustments is not sufficient to cover anticipated cost for the remainder of the year. NOW THEREFORE BE IT RESOLVED the 1979 Budget be amended as follows: Estimated Revenues Debit Credit State Income Tax 230,000 Health-State Subsidy 135,000 Treasurer 100,000 Sundry 100,000 Appropriation for Expenditures Contingent Salary Adjustment The Finance Committee, by Dennis Murphy, Chairperson, moves the adoption of the foregoing resolution. 1 HERF-*/' APPROVE THE Fcl/REGO #9175 November 1, 1979 Moved by Murphy supported by Moxley the resolution be adopted. AYES: McDonald, Moore, Moxley, Murphy, Page, Patterson, Perinoff, Pernick, Peterson, Price, Roth, Aaron, DiGiovanni, Doyon, Dunaskiss, Fortino, Gabler, Gorsline, Hobart, Hoot, Kasper, Kelly. (22) NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. STATE OF NaCHTOAN) 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 #9175 adopted by the Oakland County Board of ................................,.......... ...... ...... ..... ..... Commissioners at their meetin9 held on November 1, 1979 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 1st November this day of Lynn D. Allen ...... ........... ..... Clerk By ....... ....... .......... ..... ....Deputy Clerk