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File #: 241095    Version:
Type: Resolution Status: Passed
File created: 11/6/2024 In control: COMMON COUNCIL
On agenda: Final action: 11/8/2024
Effective date:    
Title: Substitute resolution reserving and appropriating up to $3,437,048 from the 2024 Common Council Contingent Fund to the 2024 Damages and Claims Fund Special Purpose Account.
Sponsors: ALD. JACKSON
Indexes: CLAIMS PAYMENT, MUNICIPAL FINANCE
Attachments: 1. Status of Contingent Fund 11.07.24, 2. Hearing Notice List
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
11/19/20241 MAYOR SIGNED   Action details Meeting details Not available
11/8/20241 FINANCE & PERSONNEL COMMITTEE RECOMMENDED FOR ADOPTION

Minutes note: Appearing: Evan Goyke, City Attorney Tawauna Swanigan, City Attorney's Office
Pass5:0 Action details Meeting details Not available
11/8/20240 COMMON COUNCIL ADOPTEDPass14:0 Action details Meeting details Video Video
11/7/20241 CITY CLERK DRAFT SUBMITTED   Action details Meeting details Not available
11/6/20240 COMMON COUNCIL ASSIGNED TO   Action details Meeting details Not available

 Number

241095

Version

SUBSITUTE 1

Reference

 

Sponsor

ALD. JACKSON

 

Title

Substitute resolution reserving and appropriating up to $3,437,048 from the 2024 Common Council Contingent Fund to the 2024 Damages and Claims Fund Special Purpose Account.

 

Analysis

This resolution reserves and appropriates $3,437,048 from the 2024 Common Council Contingent Fund to the Damages and Claims Fund Special Purpose Account for the purpose of meeting financial obligations related to claims and litigation brought against the City.

 

Body

Whereas, Settlements and payment of judgments to date in 2024 exceed the 2024 appropriation for the Damages and Claims Fund Special Purpose Account (SPA); and

 

Whereas, Settlements will require $3,437,048 and the City Attorney anticipates that additional funds will be necessary to meet the City’s financial obligations imposed by pending settlements; now, therefore, be it

 

Resolved, By the Common Council of the City of Milwaukee, that up to $3,437,048 from the 2024 Common Council Contingent Fund (0001-9990-C001-006300) is reserved and appropriated to the 2024 Damages & Claims Fund (0001-1490-S118-006300); and be it

 

Further Resolved, That the City Comptroller and other appropriate City officials are directed to take all actions necessary to fulfill the intent of this resolution.

 

Requestor

DOA-Budget and Management Division
Drafter
Bryan Rynders
November 7, 2024

CONTFUND/2024/CA Damages and Claims-2024