NUMB:
981054
VERS:
ORIGINAL
REF:
XXBY:
THE CHAIR
TITL:
Resolution reserving funds within the 1998 Common Council Contingent Fund for potential transfer to the Special Purpose Account Convention and Travel Expense Fund. (Comptroller)
ANLS:
------------------------------------------------------- - Analysis - This resolution authorizes a reserve of funds within the 1998 Common Council Contingent Fund for potential transfer to the Special Purpose Account Convention and Travel Expense to fund a projected deficit. -------------------------------------------------------
BODY:
Whereas, Section 350-181 of the Milwaukee Code of Ordinances, Authorized Travel Regulations and Procedures for Convention Attendance, authorizes the City Comptroller to approve individual variances between the estimated amounts established for a specific convention and the actual reimbursement; and
Whereas, This section also directs the Comptroller to initiate a supplemental funding request by resolution if the total funding provided for all authorized conventions appears inadequate to fund all authorized conventions contained therein; and
Whereas, The Comptroller does anticipate a shortage in the Convention and Travel Expense Fund; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee that the City Comptroller is hereby authorized and directed to reserve the amount of $6,000 within the 1998 Contingent Fund (Account number 09-910-8000) and to transfer said appropriations on an as needed basis to the Convention and Travel Expense Fund (Account number 01-022-8001) to fund the anticipated shortage in this account.
ZDPT:
DFTR:
Comptroller's Office
GJB
10-12-98