City of Milwaukee - File #: 101254

• File #: 101254
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 2/8/2011
• In control: FINANCE & PERSONNEL COMMITTEE
• Final action: 4/12/2011
• Title: Substitute resolution authorizing carryover of certain fund balances from 2010 to 2011 in accordance with s. 65.07(1)(p), Wis. Stats.
• Sponsors: THE CHAIR
• Indexes: BUDGET

Date	Ver.	Action By	Action	Result	Tally
4/18/2011	1	MAYOR	SIGNED
4/12/2011	1	COMMON COUNCIL	ADOPTED	Pass	13:0
4/7/2011	0	FINANCE & PERSONNEL COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Individuals appearing: Sharon Robinson, Department of Administration Jennifer Meyer, Budget and Management Division Gary Loop, United Call Center Dennis Yaccarino, Budget and Management Division Barbara Woldt, City Attorney's Office Ron Leonhardt, City Clerk Chief Mark Rohfing, Milwaukee Fire Department Debbie Wilichowski, Milwaukee Fire Department	Pass	5:0
4/5/2011	0	FINANCE & PERSONNEL COMMITTEE	HEARING NOTICES SENT
4/5/2011	0	FINANCE & PERSONNEL COMMITTEE	HEARING NOTICES SENT
2/8/2011	0	COMMON COUNCIL	ASSIGNED TO

Number
101254
Version
SUBSTITUTE 1
Reference

Sponsor
THE CHAIR
Title
Substitute resolution authorizing carryover of certain fund balances from 2010 to 2011 in accordance with s. 65.07(1)(p), Wis. Stats.

Analysis
The Common Council annually authorizes the carryover certain available fund balances to permit achieving or completing a previously authorized and funded purposes, programs, projects, or equipment purchases. This resolution authorizes the City Comptroller to carry over the accounts enumerated in Exhibit A, which is attached to this file.

Body
Whereas, It has been the practice of the Mayor and the Common Council 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 Finance and Personnel Committee have reviewed 2010-2011 carryover requests and recommend in this resolution those carryovers which appear to be in compliance with s. 65.07(1)(p), Wis. Stats., 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 the Common Council 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 authorized and directed to close out each Capital Purpose Account in accordance with the requirements of Common Council Resolution File Number 031033, et.al., Section V; and, be it

Further Resolv...