City of Milwaukee - File #: 050959

• File #: 050959
• Version: 0
• Type: Motion-Immediate Adoption
• Status: Passed
• File created: 11/11/2005
• In control: COMMON COUNCIL
• Final action: 11/11/2005
• Title: Motion relative to tax stabilization fund withdrawal for 2006 budget purposes.
• Sponsors: FINANCE & PERSONNEL COMMITTEE
• Indexes: BUDGET, TAX STABILIZATION FUND

Date	Ver.	Action By	Action	Result	Tally
11/11/2005	0	COMMON COUNCIL	APPROVED; Minutes note: Ald. Murphy moved that the Common Council recess for the purpose of calculating the Tax Stabilization Fund withdrawal. Granted, without objection, at 3:18 p.m. The Common Council reconvened at 3:29 p.m.	Pass	15:0

Number

050959

Version

Original

Reference

Sponsor

FINANCE & PERSONNEL COMMITTEE

Title

Motion relative to tax stabilization fund withdrawal for 2006 budget purposes.

Body

For budget purposes, that portion of the tax stabilization fund withdrawal regulated by Section 304-20-4-a and b of the Milwaukee Code be established and authorized to be the following:

$16,328,000 but in no case shall this portion of the withdrawal exceed the amount permitted by Section 304-29-4-a and b of the Milwaukee Code.

Drafter

JRO

11/10/05