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HomeMy WebLinkAboutResolutions - 1986.06.12 - 18136MISCELLANEOUS RESOLUTION # 86170 June 12, 1986 BY: FINANCE COMMITTEE, DR. G. WILLIAM CADDELL, CHAIRPERSON IN RE: MANAGEMENT AND BUDGET DEPARTMENT - 1986 FIRST QUARTER FORECAST AMENDMENT TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS Mr. Chairperson, Ladies and Gentlemen: WHEREAS the First Quarter Forecast prepared by the Department of Management and Budget indicates that forecasted revenuews will exceed the 1986 budgeted estimates by approximately $1,605,800; and WHEREAS this forecast further indicates that total expenditures projected on the basis of current spending levels will be approximately $652,495 over budget appropriations; and WHEREAS the financial forecast also indicates specific areas of expenditures where it is projected that over-expenditure conditions exist; and WHEREAS Hospitalization of Prisoners, in particular will be overbudget; and WHEREAS the $125,000 transferred from the Contingency fund to 'Economic Dev- elopment Division per Miscellaneous Resolution #85366 for the proposed purchase of Ethyl Corporation property is no longer required; and WHEREAS the Parks and Recreation Division's adopted budget is $7,215,750, and the Parks and Recreation Commission approved a 1986 budget of $7,162,550; thus, requiring a budget amendment. NOW THEREFORE BE IT RESOLVED that the 1986 Budget be amended as follows: Revenues 3-20800-143-01-00-2597 Parks and Recreation Revenue Total Revenues Expenditures $(53,200) $(53,200) 4-10100-119-01-00-3128 4-10100-909-01-00-9900 4-10100-433-10-00-3396 4-20800-143-01-00-3282 Economic Dev. Divrofessional Contingency Sheriff Dept.-Hospital. of:prisdners Parks and Recreation-Contingency Total Expenditures _$(115,000) (85,000) 200,000 (53,200) $ (53,200) $ -0- Mr. Chairperson, on behalf of the Finance Committee, I move the adoption of the foregoing resolution. FINANCE COMMITTEE 12th day of ALLEN Counk Clerk/Register of Deeds 19 86 #86170 June 12, 1986 Moved by Caddell supported by Skarritt the resolution be adopted. AYES: Olsen, Page, Perinoff, Pernick, Price, Rewold, Rowland, Skarritt, Webb, Wilcox, Aaron, Caddell, Calandro, Doyon, Fortino, Gosling, Hassberger, Hobart, R. Kuhn, S. Kuhn, Lanni, Law, McConnell, McPherson, Moffitt, Nelson. (26) NAYS: None. (0) A sufficient majority having voted therefor, the resolution was adopted. STATE OF MICHIGAN) 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 this Miscellaneous Resolution adopted by the Oakland County Board of Commissioners at their meeting held on June 12, 1986 with the orginial 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