HomeMy WebLinkAboutResolutions - 1993.06.10 - 22852June 10, 1993
MISCELLANEOUS RESOLUTION #93 100
BY: FINANCE COMMITTEE, JOHN P. MCCULLOCH, CHAIRPERSON
IN RE: DEPARTMENT OF MANAGEMENT & BUDGET - 1993 FIRST QUARTER
BUDGET AMENDMENTS
To the Oakland County Board of Commissioners
Chairperson, Ladies and Gentlemen:
WHEREAS Public Act 621 of 1978, the Uniform Budgeting and
Accounting Act for Local Units of Government provides for
adjustments to the adopted budget; and
WHEREAS in accordance with the Oakland County General
Appropriations Act Section 22, which provides for budget
adjustments for variances between the budgeted revenue and actual
revenue, and Section 23, which provides for budget adjustments for
variances between estimated revenue and projected expenditures; and
WHEREAS the 1993 First Quarter Forecast Report has identified
several variances and budget amendments are recommended; and
WHEREAS the Clerk's expenditure budget is projected to be
$200,000 unfavorable due to increased activity which is completely
offset by revenue favorability; and
WHEREAS due to increased construction activity, the Drain
Commissioner will incur increased overtime costs and will receive
additional revenue offsetting these costs in the amount of $40,000;
and
WHEREAS the 1993 Aviation and Transportation budget requires
an adjustment to add $13,586 for Interest Expense; and
WHEREAS the Non-Departmental Revenue have been received for
State Reimbursement-P. A. 228 and Convention Facilities Tax and
have a variance from the adopted budget; and
WHEREAS the Non-Departmental Expenditure budget for Salary
Adjustments and Fringe Benefit Adjustments need to be amended to
correct a clerical error; and
WHEREAS since the approval of the First Quarter Forecast
Report by the Finance Committee, the Friend of the Court has
received notice that the 1992 Final Performance Incentive Payment
to the Oakland County Friend of the Court is $654,603 resulting in
a $354,603 revenue favorability; and
WHEREAS the balance from the above stated amendments is to be
used to partially offset the projected $3,700,000 shortfall in
investment income due to lower interest rates.
200,000
$ 200,000
$ -0-
$ 40,000
40,000
$ -0-
13,586
13,586
-0 -
$ 354,603
( 15,585)
32,804
(260,732)
$ 111,090
$ 108,313
2,777
$ 111,090
$ -0-
- NOW THEREFORE BE IT RESOLVED the Oakland County Board of
Commissioners authorizes budget amendments as follows:
CLERK
Revenue 3-10100-
214-01-00 -xxxx Recording Fees/Deeds/Mortgages
Expenditures 4-10100-
214-01-00 -xxxx Register of Deeds-Admin.
DRAIN COMMISSIONER
Revenue 3-10100-
611-01 -00 -2529 Reimbursement of Salaries
Expenditure 4-10100-
611-01-00-1002 Overtime
AVIATION & TRANSPORTATION
1-58100 -455 -001
Revenue over/(under) Expense
4-58100-137 -30 -00 -3418
Interest Expense
Revenue 3-10100-
FRIEND OF THE COURT
312-01-00 -2003 Federal Incentive Payment
NON DEPARTMENTAL
903-01-00 -9308 State Reimbursement-P.A. 228
903-01-00 -9341 Convention Facility Tax
906-01-00 -2233 Investment Income
Expenditures 4-10100-
NON-DEPARTMENTAL
909-01 -00 -9901 Salary Adjustment
909-01-00 -9906 Fringe Benefit Adjustment
Mr. Chairperson, on behalf of the Finance Committee, I move
the adoption of the foregoing resolution.
FINANCE COMMITTEE
I:\LYND\1QAMEND
#93100 June 10,1993
Moved by McCulloch supported by Moffitt the Resolution be adopted.
AYES: Crake, Dingeldey, Douglas, Garfield, Gosling, Huntoon, Jensen,
Johnson, Kaczmar, Kingzett, Law, McCulloch, McPherson, Miltner, Moffitt, Oaks,
Obrecht, Palmer, Pernick, Powers, Schmid, Wolf, Aaron. (23)
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, do hereby certify that the
foregoing resolution is a true and accurate copy of a resolution adopted by the
Oakland County Board of Commissioners on June 10,-19g3with the original record
thereof now remaining in my office.
In Testimony Whereof, I have hereunto set my hand and affixed the seal of the
County of Oakland at Pontiac, Michigan this 10th. day of June, 1993
. Allen, County Clerk yno