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File #: 080955    Version:
Type: Motion Status: Passed
File created: 10/29/2008 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 11/7/2008
Effective date:    
Title: Substitute motion relative to tax stabilization fund withdrawal for 2009 budget purposes.
Sponsors: THE CHAIR
Indexes: BUDGET, TAX STABILIZATION FUND

Number

080955

 

Version

SUBSTITUTE 1

 

Reference

 

Sponsor

FINANCE & PERSONNEL COMMITTEE

 

Title

Substitute motion relative to tax stabilization fund withdrawal for 2009 budget purposes.

 

Body

For budget purposes, that portion of the tax stabilization fund withdrawal regulated by Section 304-20-4-a and b of the Milwaukee Code be established and authorized to be the following:

 

$16,313,024 but in no case shall this portion of the withdrawal exceed the amount permitted by Section 304-29-4-a and b of the Milwaukee Code.

 

Drafter

CC-CC

JRO:dkf

11/7/08