City of Milwaukee - File #: 090163

• File #: 090163
• Version: 1
• Type: Ordinance
• Status: Placed On File
• File created: 5/27/2009
• In control: COMMON COUNCIL
• Final action: 10/15/2013
• Title: A substitute ordinance establishing the port of Milwaukee fund.
• Sponsors: ALD. BAUMAN
• Indexes: PORT OF MILWAUKEE

Date	Ver.	Action By	Action	Result	Tally
10/15/2013	1	COMMON COUNCIL	PLACED ON FILE	Pass	15:0
10/2/2013	1	PUBLIC WORKS COMMITTEE	RECOMMENDED FOR PLACING ON FILE	Pass	4:0
6/24/2009	1	PUBLIC WORKS COMMITTEE	HELD TO CALL OF THE CHAIR; Minutes note: Individuals present: Mike Daun, Deputy Comptroller Eric Reinelt, Port Director	Pass	5:0
6/19/2009	1	PUBLIC WORKS COMMITTEE	HEARING NOTICES SENT
6/17/2009	1	CITY CLERK	DRAFT SUBMITTED
5/27/2009	0	COMMON COUNCIL	ASSIGNED TO

Number
090163
Version
SUBSTITUTE 1
Reference

Sponsor
ALD. BAUMAN
Title
A substitute ordinance establishing the port of Milwaukee fund.
Sections
118-99 cr
Analysis
This ordinance establishes a port of Milwaukee fund. All revenues derived from operation of the port will be deposited in the fund. All port expenditures, including administration, operations, maintenance and capital improvements, will be funded by the fund. At the end of each year, any excess funds in the fund will be deposited into the city’s general fund.
Body
The Mayor and Common Council of the City of Milwaukee do ordain as follows:

Part 1. Section 118-99 of the code is created to read:

118-99. Port of Milwaukee Fund. 1. PURPOSE. The purpose of this section is to creation a mechanism to fund the operations, maintenance and improvement of the port of Milwaukee entirely with revenue derived from port operations, so that the general taxpayers of the city will be relieved of any burden to do so under the general tax levy.

2. SPECIAL REVENUE FUND. All revenue derived by the city from operations of the port of Milwaukee shall be entered in the revenue accounts of a special revenue fund for the port. Expenditures by or for the port, whether for operating or for capital purposes, shall be accounted for in this fund.

3. PORT OF MILWAUKEE REVENUE. Revenue to be entered in the port of Milwaukee fund shall be as follows:

a. Revenue from the leasing of land and buildings under the control of the port, except rent from the leasing of Henry W. Maier festival park.

b. Revenue from wharfage charges.

c. Revenue from dockage charges.

d. Revenue derived from facility through-put charges.

e. Revenue derived from mooring charges.

f. Revenue from charges for use of the port’s sewer and water systems.

g. Revenue from the rental of cranes and other equipment.

h. Revenue from billable labor charges.

i. Revenue from grants awarded to the port.

j. Other revenue attributable t...