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