NUMB:
970687
VERS:
SUBSTITUTE 1
REF:
XXBY:
THE CHAIR
TITLE:
A substitute charter ordinance increasing the limit for intradepartmental fund transfers approved by the finance and personnel committee.
SECS:
18-10-6-c-1 am
18-10-6-c-2 am
ANLS:
- Analysis -
This charter ordinance increases the limit for fund transfers or variances requiring finance and personnel committee approval from $10,000 to $20,000.
BODY:
The Mayor and Common Council of the City of Milwaukee do ordain as follows:
Part 1. Section 18-10-c-1 and 2 of the charter is amended to read:
18-10. Department of Budget and Management Analysis.
6. DUTIES.
c. Administration. c-1. Except as provided in subd. 2, the finance committee shall have authority to approve requests for intradepartmental fund transfers, equipment price variances, replacement of equipment not authorized in the budget, acquisition of federal surplus property and changes in equipment quantity and nomenclature when the amount involved exceeds [[$10,000]] >>$20,000<<. The department shall make recommendations to the finance committee relative to the approval of such requests. The department shall approve requests for intra-departmental fund transfers, equipment price variances, replacement of equipment not authorized in the budget, acquisitions of federal surplus property and changes in equipment quantity and nomenclature when the amount involved is [[$10,000]] >>$20,000<< or less.
c-2. The department shall have authority to approve intradepartmental fund transfers within the department of public works only when the amount is [[$10,000]] >>$20,000<< or less and the fund transfer is within the same division of the department of public works. The department shall report all such intradepartmental fund transfers it has approved to the finance committee on a quarterly basis. The finance committee shall have authority to approve all intradepartmental fund transfers within the department of public works that are proposed between...
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