Number
031393
Version
Original
Reference
Sponsor
THE CHAIR
Title
Resolution appropriating $200,000 from the 2004 Special Purpose Account - Reimbursable Services Advance Fund to the Library.
Analysis
This is a resolution to correct an oversight in the 2004 Common Council Resolution 030493 to provide expenditure authority for the budget year 2004 for the Special Purpose Account - Reimbursable Services Advance Fund.
Body
Whereas, The 2004 city budget authorizes a specific fund under the control of the Common Council for the purpose of advance funding of reimbursable materials and services; and
Whereas, Appropriations for such purpose can be made available only after the adoption of a resolution appropriating sums out of such fund for the purposes enumerated therein; and
Whereas, In anticipation of estimated revenues to be applied to such fund, it is necessary to temporarily transfer general city funds, in accordance with Section 925-140a, Wisconsin Statutes 1919; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the sum of $200,000, be and hereby is transferred from general city funds to the specific fund under the control of the Common Council for the purpose of incurring expenditures for reimbursable materials or services; and, be it
Further Resolved, That such sum is hereby appropriated to the Library in the amount, and hereby is, authorized to use the amount so appropriated for the purpose of incurring expenditures for materials or services furnished for which such city departments and agencies are to be reimbursed; and, be it
Further Resolved, That the Library is hereby directed to take all necessary steps to assure that expenditures of such appropriations for reimbursable services are in fact recovered through timely billing and amounts so recovered are paid to the specific fund under the control of the Common Council for such purpose; 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; and, be it
Further Resolved, That if the expenditure authorization provided in this resolution to any one department or agency becomes inadequate to handle the necessary reimbursable expenditures, it shall be the responsibility of the department or agency head to initiate a timely request through the Department of Administration-Budget and Policy Division for supplementary expenditure authorization.
Drafter
Budget and Management Division
Ref: 04021; DY:cei
January 21, 2004
FINANCE: lib reimb 2004