Number
090333
Version
Substitute 1
Reference
Sponsor
Title
Substitute resolution amending the 2009 Local Snow and Ice Removal Charge for the express purpose of cancelling $2.7 million of debt incurred due to 2008 snow and ice operations that exceeded budgeted amounts.
Analysis
This resolution amends the 2009 Snow and Ice Removal Cost Recovery Charge in accordance with s.309-83 of the Milwaukee Code. The original 2009 charge was $0.5283 per foot of street frontage. This resolution amends the 2009 charge to $0.8156 per foot of street frontage. For residential property owners with multiple street frontage (corner lots), the City will use the shortest side to calculate the charge. For non-residential property owners, the City will use total street frontage.
Body
Whereas, Section 309-83 of the Milwaukee Code of Ordinances established a Snow and Ice Removal Cost Recovery Charge as authorized by s.66.0627, Wis. Stats.; and
Whereas, Section 309-83 of the Milwaukee Code requires adoption of a resolution on an annual basis that establishes the snow and ice removal cost recovery charge; and
Whereas, Section 309-83 of the Milwaukee Code allows the charge to be amended once; and
Whereas, 2008 snowfall exceeded 107 inches thus forcing the City to borrow $2.7 million to cover a 2008 budgetary shortfall; and
Whereas, 2008 budgetary shortfall borrowing will directly impact the 2010 budget and eliminate interest payments that in total would exceed $100,000; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the 2009 annual snow and ice removal cost recovery charge is amended in accordance with s.309-83 of the Code, to be billed on a yearly basis:
1. Residential property - $0.8156 per foot of street frontage. For residential property (one, 2-, 3-, and 4-family dwelling units) with multiple street frontage (corner lots), the shortest side shall be used for billing purposes.
2. Nonresidential property - $0.8156 per foot of total street frontage; and, be it
Further Resolved, That $2.7 million of revenue generated from the snow and ice removal cost recovery charge be applied as a revenue to the Debt Service Fund prior to the close of the fiscal year 2009; and, be it
Further Resolved, That the Comptroller be, and is hereby authorized and directed to make such accounting changes as are necessary to implement this resolution.
Requestor
Drafter
Budget and Management Division
Ref: 2009 BF, 7-E;DY:
July 16, 2009
Budget/10budget/resolutions/amend 2009 snow&ice&debtR.RTF