Number
021471
Version
SUBSTITUTE 2
Reference
Sponsor
THE CHAIR
Title
Substitute resolution appropriating funds from the 2002 Common Council Contingent Fund for the purpose of closing the 2002 financial books due to unanticipated shortfalls in current year operating expenses.
Analysis
This substitute resolution transfers remaining funds in the 2002 Common Council Contingent Fund to the Police Department Operating Expenditures accounts as well as the City Attorney's Operating Expenditures account.
Body
Whereas, Due to higher than anticipated expenditures, the Police Department's operating expenditures account and the City Attorney's operating expenditures account have a shortfall in these 2002 accounts; and
Whereas, To facilitate closing of Year 2002 financial books, transfers from 2002 Common Council Contingent Fund are necessary; now therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that no greater than the sum of $60,000 in the Common Council Contingent Fund (#0001-9990-C001-006300) (2002) be transferred to the City Attorney Office's Operating Expenditures account (#0001-1490-R999-006300) (2002); and be it
Further Resolved, By the Common Council of the City of Milwaukee, that no greater than the sum of $205,000 in the Common Council Contingent Fund (#0001-9990-C001-006300) (2002) be transferred to the Police Department's Operating Expenditures account (#0001-3310-R999-006300) (2002).
Requestor
Department of Administration
Budget and Management Division
Drafter
KMO
Ref: 02009
February 4, 2003
Finance:021051.rtf