City of Milwaukee - File #: 050176

• File #: 050176
• Version: 0
• Type: Resolution
• Status: Passed
• File created: 5/20/2005
• In control: FINANCE & PERSONNEL COMMITTEE
• Final action: 6/14/2005
• Title: Resolution rescinding various resolutions that reserved appropriations in the Common Council Contingent Fund.
• Sponsors: THE CHAIR
• Indexes: CONTINGENT FUND, TAX STABILIZATION FUND

Date	Ver.	Action By	Action	Result	Tally
6/23/2005	0	MAYOR	SIGNED
6/14/2005	0	COMMON COUNCIL	ADOPTED	Pass	14:0
6/8/2005	0	FINANCE & PERSONNEL COMMITTEE	RECOMMENDED FOR ADOPTION	Pass	5:0
5/31/2005	0	FINANCE & PERSONNEL COMMITTEE	HEARING NOTICES SENT
5/24/2005		FINANCE & PERSONNEL COMMITTEE	REFERRED TO
5/20/2005	0	COMMON COUNCIL	ASSIGNED TO

Number

050176

Version

Original

Reference

Sponsor

THE CHAIR

Title

Resolution rescinding various resolutions that reserved appropriations in the Common Council Contingent Fund.

Analysis

Several previously adopted resolutions reserved contingent funds that are no longer needed for their stated purpose.  This will allow previous year contingent funds of $92,339 to revert to the Tax Stabilization Fund.

Body

Whereas, Several resolutions that reserved contingent funds for various reasons are no longer needed; and

Whereas, 2004 resolutions and prior resolutions can revert to the Tax Stabilization Fund; now, therefore, be it

Resolved, By the Common Council that, resolutions 031470, 040747 and 041173 reserving appropriations in the contingent fund be rescinded and any remaining appropriation be transferred to the Tax Stabilization Fund.

Requestor

Budget and Management Division

Drafter

Ref: 05009; DY

May 19, 2005

Finance: rescindcontfdres05.rtf