City of Milwaukee - File #: 020601

• File #: 020601
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 7/16/2002
• In control: FINANCE & PERSONNEL COMMITTEE
• Final action: 8/1/2002
• Title: Substitute resolution relating to the 2002 Capital Improvements Budget deferred projects and programs.
• Sponsors: THE CHAIR
• Indexes: BUDGET, CAPITAL IMPROVEMENTS

Date	Ver.	Action By	Action	Result	Tally
8/8/2002	1	MAYOR	SIGNED
8/1/2002	1	COMMON COUNCIL	ADOPTED	Pass	12:2
7/31/2002	1	FINANCE & PERSONNEL COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	4:1
7/30/2002	1	CITY CLERK	DRAFT SUBMITTED
7/23/2002	0	FINANCE & PERSONNEL COMMITTEE	HEARING NOTICES SENT
7/23/2002	0	FINANCE & PERSONNEL COMMITTEE	HEARING NOTICES SENT
7/17/2002		FINANCE & PERSONNEL COMMITTEE	REFERRED TO
7/16/2002	0	COMMON COUNCIL	ASSIGNED TO

Number

020601

Version

SUBSTITUTE I

Reference

Sponsor

THE CHAIR

Title

Substitute resolution relating to the 2002 Capital Improvements Budget deferred projects and programs.

Analysis

This Resolution authorizes the release from hold of several Capital Improvements Projects and Programs deferred by Common Council Resolution 011615 adopted on April 23, 2002. The deferral was made in light of the uncertainty regarding the shared revenue provisions of the State Budget Adjustment Bill since passed by the State Legislature and signed by the Governor. Certain projects are time sensitive and, as the State Budget Adjustment Bill provisions retain 2002 Shared Revenue payments intact, these projects are released from hold.

Body

Whereas, The Common Council deferred certain 2002 Capital Improvement Projects and Programs by Resolution 011615 adopted on April 23, 2002; and

Whereas, The Council acted in light of the uncertainty surrounding the Shared Revenue provisions of Governor's Proposed 2002 Budget Adjustment Bill; and

Whereas, The State Legislature has passed and Governor McCallum has signed the State Budget Adjustment Bill retaining the originally budgeted level of Shared Revenue payments for 2002; and

Whereas, The state shared revenue issue appears to be resolved for 2002, it is in the best fiscal interest of the City of Milwaukee and its residents to reinstate the specific Capital Improvements Projects and Programs listed on Exhibit A (attached to this file); and

Whereas, Common Council Resolution 011615 required that the Finance and Personnel Committee and the Common Council act to reinstate any deferred projects and programs to active status; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that expenditures related to those portions of the 2002 appropriations for the Capital Improvements projects and programs listed in the "Recommended Release" Column of Exhibit A (attached to this file) are hereby reinstated; and, be it

Further Resolved, That the City Comptroller and other appropriate City officers are authorized and directed to take necessary actions to reinstate said projects and programs to active status.

Requestor

DOA-Budget and Management Division

Drafter

JJL 07/29/2002

Ref: CapHoldRescissionFullRes.doc