Number
121404
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution increasing capital grantor share appropriation authority for 2013.
Analysis
Body
Whereas, The Capital Improvements City-Wide Grantor Share Non-City Cash Account, No. 0306-9990-R999-SP032130100, was funded in the amount of $8,000,000 in the 2013 adopted budget; and
Whereas, This account provides funding on a temporary basis for projects which receive partial reimbursement through various State and/or Federal aid and grant programs, but require the city to front the project cost; and
Whereas, The city's participation in potential grantor share needs through 2013 has resulted in a need for $10,000,000 in additional funds; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that $10,000,000 in additional funds are appropriated to the Capital Improvements City-Wide Grantor Share Non-City Cash Account No. 0306-9990-R999-SP032130100; and, be it
Further Resolved, That the City Comptroller be, and hereby is, authorized and directed to establish the necessary accounts and accounting procedures to carry out the intent of this resolution.
Requestor
DOA Budget and Management Division
Drafter
ECP:dmr
File Ref: 13008
Grant&aid/2013/increasegrantcapauth2013res.rtf