Number
020858
Version
ORIGINAL
Reference
Sponsor
The Chair
Title
A resolution to write-off and adjust various departmental petty cash accounts. (Comptroller)
Analysis
This resolution provides authorization to the City Comptroller to adjust the cash recorded on the City's books of account by $1,477; and to adjust the various departmental petty cash accounts, change funds accounts and segregated checking accounts recorded on the City's books to the actual amounts held by each departments.
Body
Whereas, The current 2002 account balances reflect a total of $32,655 of petty cash, change funds and segregated checking accounts held by various city departments, and
Whereas, The departments have confirmed a total of $31,178, and
Whereas, Some of this difference dates back prior to 1987 for which specific records no longer exist; now therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the City Comptroller is authorized to adjust the petty cash accounts, change funds accounts, and segregated departmental checking accounts recorded on the City's books to the amount confirmed by the departments, and be it
Further Resolved, That the City Comptroller is authorized and directed to establish a separate subclass within the 2002 Common Council Contingent Fund (Account Number 0001-9990-0001-C001-006300); and, to transfer the appropriation of $1,477.00 into subclass C0xx; and to expend such appropriation for the purpose of recording the write-off of cash.
Requestor
Office of the Comptroller
Drafter
WMM: AP: BL: