City of Milwaukee - File #: 090859

• File #: 090859
• Version: 1
• Type: Motion
• Status: Passed
• File created: 11/3/2009
• In control: FINANCE & PERSONNEL COMMITTEE
• Final action: 11/6/2009
• Title: Substitute motion relative to tax stabilization fund withdrawal for 2009 budget purposes.
• Sponsors: THE CHAIR
• Indexes: BUDGET, TAX STABILIZATION FUND

Date	Ver.	Action By	Action	Result	Tally
11/6/2009	1	COMMON COUNCIL	APPROVED	Pass	15:0
11/6/2009	0	COMMON COUNCIL	SUBSTITUTED; Minutes note: Ald. Murphy moved to hold this matter to a later point in the meeting. Granted without objection. Ald. Murphy offered a Proposed Substitute A (TSF withdrawal for 2010 $13,070,000).	Pass	15:0
11/4/2009	0	FINANCE & PERSONNEL COMMITTEE	REFERRED WITHOUT RECOMMENDATION AND ASSIGNED TO	Pass	4:0
11/3/2009	0	COMMON COUNCIL	ASSIGNED TO

Number

090859

Version

SUBSTITUTE 1

Reference

Sponsor

FINANCE & PERSONNEL COMMITTEE

Title

Substitute motion relative to tax stabilization fund withdrawal for 2009 budget purposes.

Body

For budget purposes, that portion of the tax stabilization fund withdrawal regulated by Section 304-20-4-a and b of the Milwaukee Code be established and authorized to be the following:

$13,070,000 but in no case shall this portion of the withdrawal exceed the amount permitted by Section 304-29-4-a and b of the Milwaukee Code.

Drafter

CC-CC

JRO

11/6/09