City of Milwaukee - File #: 070865

• File #: 070865
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 9/25/2007
• In control: FINANCE & PERSONNEL COMMITTEE
• Final action: 11/9/2007
• Title: Resolution clarifying the intent of the Common Council relative to Contingent Fund appropriations.
• Sponsors: THE CHAIR
• Indexes: BUDGET, CONTINGENT FUND

Date	Ver.	Action By	Action	Result	Tally
11/14/2007	0	MAYOR	SIGNED
11/9/2007	0	COMMON COUNCIL	ADOPTED	Pass	14:0
11/7/2007	0	FINANCE & PERSONNEL COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	4:0
10/31/2007	0	FINANCE & PERSONNEL COMMITTEE	HEARING NOTICES SENT
9/25/2007	0	COMMON COUNCIL	ASSIGNED TO

Number

070865

Version

ORIGINAL

Reference

Sponsor

THE CHAIR

Title

Resolution clarifying the intent of the Common Council relative to Contingent Fund appropriations.

Analysis

This is a procedural resolution, ordinarily adopted in conjunction with the adoption of the annual budget.  Its intent is to assure the obligations incurred in the current year can be authorized from the current year's Contingent Fund in the event that such authorization can not be handled prior to the year-end.

Body

Whereas, In certain cases formal Common Council action appropriating an amount from the Contingent Fund cannot be completed during the year in which the obligation was incurred because of applicable legislative procedures; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee, that it is the intent of the Common Council that funds may be appropriated from the 2008 Common Council Contingent Fund for obligations incurred in 2008, notwithstanding that such formal Common Council action is completed in 2008, but prior to the closing of the city's 2008 financial accounts.

Requestor

Budget and Management Division

Drafter

Ref: 2008 BF, 7-E; DY:

September 15, 2007

FINANCE: contingent.RTF