Number
191595
Version
SUBSTITUTE 1
Reference
Sponsor
THE CHAIR
Title
Substitute resolution rescinding reserved commitments and appropriating remaining funds from the 2019 Common Council Contingent Fund for the purpose of closing the 2019 financial books due to unanticipated shortfalls in current year operating expenses.
Analysis
This resolution also authorizes the transfer from the 2019 Common Council Contingent Fund of up to $5,000,000 to various departments and account in order to close the 2019 financial books.
Body
Whereas, To facilitate closing of year 2019 financial books, transfers from 2019 Common Contingent Fund are necessary; now therefore, be it
Resolved, That the reserved commitment of $300,000 for the Health Department in 2019 authorized by Common Council File No. 181447 be hereby rescinded; and, be it
Further Resolved, By the Common Council of the City of Milwaukee that up to $1,737,190 from the 2019 Common Council Contingent Fund (0001-9990-C001-006300) (2019) be transferred to the Department of Public Works-Operations Salary Expenditures Account (0001-5450-R999-006000) (2019) if necessary; and, be it
Further Resolved, That up to $874,129 from the 2019 Common Council Contingent Fund (0001-9990-C001-006300) (2019) be transferred to the UHC Choice Plus PPO Special Purpose Account (0001-1650-S114-006100) (2019) if necessary; and, be it
Further Resolved, By the Common Council of the City of Milwaukee that up to $654,495 from the 2019 Common Council Contingent Fund (0001-9990-C001-006300) (2019) be transferred to the Department of Public Works-Operations Operating Expenditures Account (0001-5450-R999-006300) (2019) if necessary; and, be it
Further Resolved, That up to $457,844 from the 2019 Common Council Contingent Fund (0001-9990-C001-006300) (2019) be transferred to the Social Security Tax Account (0001-2110-R453-006100) (2019) if necessary; and, be it
Further Resolved, That up to $375,525 from the 2019 Common Council Conting...
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