powered help
header-left header-center header-right
File #: 991335    Version:
Type: Resolution Status: Passed
File created: 11/29/1999 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 4/11/2000
Effective date:    
Title: Substitute resolution authorizing carryover of certain fund balances from 1999 to 2000 in accordance with Section 65.07(1)(p), Wisconsin Statutes.
Sponsors: THE CHAIR
Indexes: BUDGET
Attachments: 1. 991335A0.XLS, 2. 991335A0.DOC
NUMB:
991335
VERS:
SUBSTITUTE 1
REF:

XXBY:

TITL:
Substitute resolution authorizing carryover of certain fund balances from 1999 to 2000 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 1999-2000 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 1999 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 app...

Click here for full text