City of Milwaukee - File #: 980965

• File #: 980965
• Version: 3
• Type: Ordinance
• Status: Passed
• File created: 10/9/1998
• In control: FINANCE & PERSONNEL COMMITTEE
• Final action: 10/30/1998
• Effective date: 11/18/1998
• Title: A substitute ordinance relating to expenditure of funds to be reimbursed by greater than anticipated revenues.
• Sponsors: THE CHAIR
• Indexes: REIMBURSABLE SERVICES

Date	Ver.	Action By	Action	Result	Tally
11/17/1998	3	CITY CLERK	PUBLISHED
11/4/1998	3	MAYOR	SIGNED
10/30/1998	1	FINANCE & PERSONNEL COMMITTEE	RECONSIDERED	Pass	4:0
10/30/1998	3	FINANCE & PERSONNEL COMMITTEE	RECOMMENDED FOR PASSAGE	Pass	4:0
10/30/1998	3	COMMON COUNCIL	PASSED	Pass	15:0
10/28/1998	1	FINANCE & PERSONNEL COMMITTEE	HEARING NOTICES SENT
10/28/1998	0	FINANCE & PERSONNEL COMMITTEE	HELD TO CALL OF THE CHAIR	Pass	5:0
10/26/1998	1	CITY CLERK	DRAFT SUBMITTED
10/14/1998	0	FINANCE & PERSONNEL COMMITTEE	REFERRED TO
10/13/1998	0	FINANCE & PERSONNEL COMMITTEE	REFERRED TO
10/9/1998	0	COMMON COUNCIL	ASSIGNED TO

NUMB:
980965
VERS:
SUBSTITUTE 3
REF:

XXBY:
THE CHAIR
TITL:
A substitute ordinance relating to expenditure of funds to be reimbursed by greater than anticipated revenues.
SECS:
304-91 cr
ANLS:
- Analysis -

This ordinance codifies the city's procedural guidelines regarding the appropriation and expenditure of funds to be reimbursed by greater than anticipated revenues.
BODY:
The Mayor and Common Council of the City of Milwaukee do ordain as follows:

Part 1. Section 304-91 of the code is created to read:

304-91. Expenditure of Funds to be Reimbursed by Greater than Anticipated Revenues.

1. DEFINITIONS. In this section:

a. "Reimbursable expenditure" means the cost of departmental labor, materials or services not currently appropriated in that department's budget, the provision of which generates greater than anticipated revenue.

b. "Greater than anticipated revenue" means a revenue generated by a reimbursable expenditure which is greater than the revenue anticipated therefrom in the current year's budget.

2. GENERAL POLICY STATEMENT. Section 18-06-2 of the city charter provides that whenever a department is reimbursed for materials or services furnished and the funds so received are not by law credited to some particular fund, the department may spend money so received for the same purpose for which the money was originally appropriated in the budget. Section 925-130a, Wis. Stats. (1919), provides authority for temporarily funding such reimbursable expenditures. In accordance with s. 925-130a, Wis. Stats. (1919), general city funds may be temporarily transferred to a special purpose account, reimbursable services advance fund, in anticipation of estimated revenues to be applied to such fund.

3. APPROPRIATION AND EXPENDITURE OF FUNDS TO BE REIMBURSED BY GREATER THAN ANTICIPATED REVENUE.

a. The expenditure of funds to be reimbursed by greater than anticipated revenue shall occur only after the common council provi...