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HomeMy WebLinkAboutResolutions - 1971.12.16 - 16033FTNANCE/COMMTTTEE December 16, 1971 RESOLUTION NO. 5885 RE: 1971 ANTICIPATED DEFICIT BY: FINANCE COMMITTEE - Mr. iimighten TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS MR. CHAIRMAN, LADIES AND GENTLEMEN: WHEREAS, it is imperative that all possible funds be made available to avoid an anticipated year-end deficit; and WHEREAS, from the latest forecasts by the Board of Auditors, it may be necessary to use up to $200,000.00 of additional funds to accomplish this end; and WHEREAS, resources are available for such purposes through the cancellation of up to $200,000.00 of the 1971 appropriation of miscellaneous non-tax revenues to the Building Fund in an amount up to $200,000.00; and WHEREAS, such cancellation would not jeopardize the 1972 Capital Building Program as presently proposed. NOW THEREFORE BE IT RESOLVED that the sum of $50,000.00 be transferred from the Land Sales Fund to the County Building Fund. BE IT FURTHER RESOLVED that the Board of Auditors be and it is hereby authorized to cancel and transfer as necessary to meet the anticipated 1971 deficit up to, but not exceeding, the sum of $200,000.00 of the 1971 allocation ofA\liscellaneous non-tax revenues. The Finance Committee, by Mr. v iLhairman, moves PN, the adoption of the foregoing resolution. Fred D. Houghten, Vice Chairman Moved by Houghten supported by Pernick the resolution be adopted. A sufficient majority having voted therefor, the resolution was adopted. STATE OF MICHIGAN) (ss COUNTY OF OAKLAND) 1, Lynn D. Allen, Clerk of the County of Oakland and having a seal, do hereby certify that.' have compared the annexed copy of " Resolution #5885 adopted by the Oakland County Board of Commissioners at their December 16, 1971 meeting with the original record thereof now remaining in my office, and that it is z 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 17th day of December 19 71 Lynn D. Allen Clerk • By - Deputy Clerk Mixxxiimukarmbasetiotiran N RE: AMENDMENT TO COUNTY BUDGET By: MARY MEAD DEARBORN December 16, 1971 TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mr. Chairman, Ladies and Gentlemen: The need for road construction funds is a fop priority item in Oakland County. The Transportation and Aviation Committee and the needs of the Oakland County Road Corm eviewed the 1972 construction program ission and voted unanimously to support the inclusion of a budget item of $700,000 for road construction. This sum will generate over $2,000,000 for roads during this next construction season. This construction program has already been reviewed and approved. The loss of these funds would be a disaster to our already inadequate road program in this county and necessitate deleting already approved construction for next summer. The Road Commission must know that these funds are available in order to proceed with their program. Since there is good reason to believe that Oakland County will not receive any additional gas and weight tax funds in time for the 1972 construction season, it is imperative that an appropriation for roads be included in the county budget for 1972. Therefore I move that the County budget as presented today be amended to include the appropriation for roads and that the Finance Committee be asked to reorder budget priorities so that the final budget adopted by this Board will include an appropriation for roads. MARY MEAD DEARBORN County Commissioner, District #4 The amendment was referred to the Finance Committee. There were no objections.