Number
090774
Version
Substitute 1
Reference
Sponsor
Title
Substitute resolution authorizing carryover of certain fund balances from 2006, 2007 and 2008 to 2009 in accordance with Section 65.07(1)(p), Wisconsin Statutes.
Body
Whereas, The Common Council appropriated funding in the 2009 budget for the Grant and Aid Fund and the Special Capital Projects or Purposes - Grant and Aid fund in Common Council File Number 081108; and
Whereas, The Common Council directed departments to apply for additional grant funding available through the American Recovery and Reinvestment Act in Common Council File Number 081478; and
Whereas, Grant funding anticipated in 2009 will exceed the current 2009 budget appropriations, requiring additional grant appropriation authority; and
Whereas, Prior year grant parent accounts have unencumbered appropriation balances remaining and that can be carried forward to 2009, and
Whereas, The authorization to carry over certain available fund balances to support the Common Council’s intent to apply for American Recovery and Reinvestment Act grants is in the best interests of the City of Milwaukee; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that it hereby authorizes and directs the City Comptroller to carry over the accounts enumerated in Exhibit A (attached to this file) in the amounts set forth in the recommended column; and, be it
Further Resolved, That the City Comptroller is hereby authorized and directed to close out each Grant Account in accordance with the Milwaukee Code of Ordinances Section 304-81-8 and the City’s Grant and Aid Guidelines; and, be it
Further Resolved, That the City Comptroller be, and hereby is, authorized and directed to establish the necessary accounts and accounting procedures and to transfer funds as required to carry out the intent of this resolution.
Requestor
Drafter
DOA Budget and Management Division
ECP
October 7, 2009
I:\GRANT&AID\2010\grant appn carryover resolution.rtf