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File #: 061326    Version: 0
Type: Ordinance Status: Passed
File created: 2/6/2007 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 2/27/2007
Effective date: 3/16/2007    
Title: An ordinance relating to budgeting and accounting procedures for grant projects and programs.
Sponsors: THE CHAIR
Indexes: BUDGET, FEDERAL GRANTS, GRANTS, STATE GRANTS
Attachments: 1. Comptroller's Cover Letter.pdf, 2. Fiscal Note.pdf, 3. DOA Budget reply, 4. Fiscal Analysis, 5. Notice Published on 3-15-07.PDF

Number

061326

Version

ORIGINAL

Reference

030712

Sponsor

THE CHAIR

Title

An ordinance relating to budgeting and accounting procedures for grant projects and programs.

Sections

304-81-7-d-2 am

Analysis

This ordinance amends the code to require the department administering a grant to request additional authorization from the budget and management division in accordance with s. 18-10-6 of the charter if expenditures charged to a major street and bridge improvement grant exceed the amount authorized for city share by 10% of the total cost or $5,000, whichever is greater, but limited to $150,000.

Body

The Mayor and Common Council of the City of Milwaukee do ordain as follows:

 

Part 1. Section 304-81-7-d-2 of the code is amended to read:

 

304-81. Grants Projects and Programs.

7. BUDGET MODIFICATIONS AND COST OVERRUNS AND DISALLOWED COSTS. d-2. If expenditures charged to a major street and bridge improvement grant exceed the amount authorized for city share by 10% of the total cost or $5,000, whichever is greater, >>but limited to $150,000,<< the administering city department shall request additional authorization from the budget and management division in accordance with s. 18-10-6 of the city charter.  The city comptroller is authorized and directed to make the approved transfers.

 

LRB

APPROVED AS TO FORM

 

______________________

Legislative Reference Bureau

Date: ___________________

ATTORNEY

IT IS OUR OPINION THAT THE ORDINANCE

IS LEGAL AND ENFORCEABLE

 

_____________________________

Office of the City Attorney

Date: _________________________

 

Department

COMPTROLLER

Drafter

LRB07030-6

JWC

2/2/07