NUMB:
961054
VERS:
SUBSTITUTE 1
REF:
XXBY:
ALD. PRATT
TITL:
Substitute resolution authorizing expenditure of funds appropriated in the 1996 City Budget for the Community Relations - Social Development Commission.
ANLS:
- Analysis -
This resolution approves release of $107,180 from the 1996 Special Purpose Social Development Commission Fund (Account Number 01-020-8001) and authorizes the proper City officials to enter into a contract with the Community Relations - Social Development Commission for the release of such funds.
BODY:
Whereas, The 1996 City Budget includes funding of $107,180 in a special purpose account for the Community Relations - Social Development Commission; and
Whereas, This funding has historically been used as matching funds for grants received by the Community Relations - Social Development Commission; and
Whereas, These grants represent vital resources in alleviating poverty within Milwaukee; and
Whereas, Expenditures from special purpose accounts may not be made until approved by the Common Council; and
Whereas, Expenditures from this account have not yet been approved by the Common Council resulting in the Community Relations - Social Development Commission using pre-existing fund balances as grant-matching funds; and
Whereas, Indefinite reliance on fund balances may jeopardize the commission's future capacity to leverage grants; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that the Common Council approves release of $107,180 from the 1996 Special Purpose Social Development Commission Fund (Account Number 01-020- 8001); and, be it
Further Resolved, That the City Comptroller is authorized and directed to disburse these funds to the Community Relations - Social Development Commission; and, be it
Further Resolved, That the 1996 Special Purpose Accounts and amounts assigned and authorized for expenditure to specified departments shall be deemed to have been ap...
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