City of Milwaukee - File #: 981384

• File #: 981384
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 12/18/1998
• In control: FINANCE & PERSONNEL COMMITTEE
• Final action: 2/9/1999
• Title: Substitute resolution authorizing carryover of certain fund balances from 1998 to 1999 in accordance with Section 65.07(1)(p), Wisconsin Statutes.
• Sponsors: THE CHAIR
• Indexes: BUDGET

Date	Ver.	Action By	Action	Result	Tally
2/10/1999	1	MAYOR	SIGNED
2/9/1999	1	COMMON COUNCIL	ADOPTED; Minutes note: Ald. Pratt hereby presented an amended Exhibit A to be attched to this file and move for its acceptance. (This amendment makes technical correction to the budget document to reflect up to date account balances.) The motion prevailed. 16 Ayes - Ald. Pratt, D'Amato, Henningsen, Schramm, Johnson-Odom, Frank, Richard, Butler, Scherbert, Witkowiak, Pawlinski, Breier, Nardelli, Murphy, Hines and Kalwitz 0 Noes 1 Excused - Ald. Gordon	Pass	16:0
2/3/1999	1	FINANCE & PERSONNEL COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	5:0
1/29/1999	1	CITY CLERK	DRAFT SUBMITTED
12/21/1998	0	FINANCE & PERSONNEL COMMITTEE	REFERRED TO
12/18/1998	0	COMMON COUNCIL	ASSIGNED TO

NUMB:
981384
VERS:
SUBSTITUTE 1
REF:

XXBY:

TITL:
Substitute resolution authorizing carryover of certain fund balances from 1998 to 1999 in accordance with Section 65.07(1)(p), Wisconsin Statutes.


ANLS:

BODY
Whereas, It has been the practice of the Mayor and the Common Council of the City of Milwaukee to maintain as low a tax rate as is possible, consistent with the standard of services requested by the citizens of Milwaukee; and

Whereas, The authorization to carry over certain available fund balances to permit achieving or completing a previously authorized and funded purpose, program, project, or equipment purchase is in the best interests of the City and assists in reducing the amounts that must be levied on taxable property in the City of Milwaukee; and

Whereas, The Budget and Management Division and the Committee on Finance and Personnel have reviewed 1998-1999 carryover requests and recommend in this resolution those carryovers which appear to be in compliance with Section 65.07(1)(p), Wisconsin State Statutes, Capital Guidelines, Grant and Aid Guidelines, Community Development Agency Guidelines, and other prudent criteria; now, therefore, be it

Resolved, By the Common Council of the City of Milwaukee that it hereby authorizes and directs the City Comptroller to carry over the accounts enumerated in Exhibit A (attached to this file) in the amounts set forth in the recommended column; and, be it

Further Resolved, That the City Comptroller is hereby authorized and directed to close out each 1998 Capital Purpose Account not specifically authorized for carryover by this resolution or other appropriate resolution. Such close-outs shall be in accordance with the requirements of Common Council Resolution File Number 881665, et.al., Section V; and, be it

Further Resolved, That the departments affected by this resolution are hereby authorized to expend the carried over funds in accordance with the intent of the original a...