Number
060888
Version
ORIGINAL
Reference
Sponsor
THE CHAIR
Title
Resolution relating to expenditure of funds to be reimbursed by greater than anticipated revenue. (Special Purpose Account - Firemen’s Relief Fund)
Analysis
Body
Whereas, Section 304-91 of the Milwaukee Code of Ordinances establishes procedural guidelines related to the expenditure of funds to be reimbursed by greater than anticipated revenues; and
Whereas, The city received a statement of fire dues payment for the State of Wisconsin that was $119,289 greater than anticipated in the 2006 fiscal year; and
Whereas, The city pays 2% of the revenues received to the State for the Firemen’s Relief Fund; and
Whereas, The additional revenue will require the city to pay an additional $13,786.16 in payment to the Firemen’s Relief Fund; and
Whereas, The Comptroller has certified that greater than anticipated revenue in the amount of $13,786.16, pursuant to s. 304-91,
Pursuant to s. 304-91, I hereby certify that the money required for this is to be realized on or before December 31, 2006, and is to be expended only for the purposes specific in this resolution.
____________________________ _________________
Comptroller Date
; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that $13,786.16 is appropriated to the Special Purpose Account - Firemen’s Relief Fund #0001-1515-R999-006000; and, be it
Further Resolved, That the Comptroller is authorized to expend these funds for payment to the State; and, be it
Further Resolved, That the Comptroller is authorized and directed to establish the necessary accounts and accounting procedures to carry out the intent of this resolution.
Requestor
Department of Administration
Drafter
Budget and Management Division
Ref: 06021;DY:
October 11, 2006
FINANCE: firemenrelieffdR.RTF