Number
241774
Version
SUBSTITUTE 1
Reference
Sponsor
THE CHAIR
Title
Substitute resolution rescinding reserved commitments and appropriating remaining funds from the 2024 Common Council Contingent Fund for the purpose of closing the 2024 financial books due to unanticipated shortfalls in current year operating expenses
Analysis
This resolution also authorizes the transfer from the 2024 Common Council Contingent Fund of up to $826,674 to various departments and accounts in order to close the 2024 financial books.
Body
Whereas, To facilitate closing of year 2024 financial books, transfers from 2024 Common Contingent Fund are necessary; now therefore, be it
Resolved, By the Common Council of the City of Milwaukee that up to $352,526 from the 2024 Common Council Contingent Fund (0001-9990-C001-0063000) (2024) be transferred to the Department of Neighborhood Services Operating Expenditures Account (0001-3600-R999-0063000) (2024) if necessary; and, be it
Further Resolved, By the Common Council of the City of Milwaukee that up to $226,216 from the 2024 Common Council Contingent Fund (0001-9990-C001-0063000) (2024) be transferred to the Election Commission Operating Expenditures Account (0001-1700-R999-0063000) (2024) if necessary; and, be it
Further Resolved, By the Common Council of the City of Milwaukee that up to $97,727 from the 2024 Common Council Contingent Fund (0001-9990-C001-0063000) (2024) be transferred to the Library Operating Expenditures Account (0001-8610-R999-0063000) (2024) if necessary; and, be it
Further Resolved, By the Common Council of the City of Milwaukee that up to $86,444 from the 2024 Common Council Contingent Fund (0001-9990-C001-0063000) (2024) be transferred to the Department of Public Works - Infrastructure Division Operating Expenditures Account (0001-5230-R999-0063000) (2024) if necessary; and, be it
Further Resolved, By the Common Council of the City of Milwaukee that up to $39,476 from the 2024 Common Council Con...
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