NUMB:
990924
VERS:
SUBSTITUTE 2
REF:
XXBY:
THE CHAIR
TITL:
Substitute resolution that authorizes the Department of Public Works Administrative Services Division to expend an additional $894,578.
ANLS:
This resolution authorizes the Department of Public Works Administrative Services Division to expend an additional $894,578 for expenses associated with the processing and secondary collection of parking citations. These expenses are offset by higher than anticipated revenues.
BODY:
Whereas, Common Council file 980965 established procedural guidelines related to the expenditure of funds to be reimbursed by greater than anticipated revenues; and
Whereas, Expenditures related to the City's citation processing and cash management contract are anticipated to exceed 1999 budgeted levels by $894,578; and
Whereas, Fine and forfeiture revenues are anticipated to exceed 1999 Budgeted levels by $1,086,703; and
Whereas, The Comptroller has certified greater than anticipated revenue in the amount of $1,086,703, pursuant to s. 304-91,
Pursuant to s. 304-91, I hereby certify that the money required for this is anticipated to be realized on or before 12/31/99 and to be expended only for the purpose in this resolution.
__________________________________ _______________
Comptroller Date
; now, therefore, be it
Resolved, That $894,578 is appropriated to account #0007-5010-RM50190000 from the Special Purpose Account - Reimbursable Services Advance Fund; and, be it
Further Resolved, That the Department of Public Works Administrative Services Division is authorized to expend $894,578 in their operating expenditure account 0001-5140-R999-006300 for expenses associated with the City's citation processing and cash management contract; and, be it
Further Resolved, That the City Comptroller be, and hereby is, authorized and directed to establish the necessary accounts and accounting procedures to carry out the intent of this resolution.
DFTR:
Budget and Management Division
Ref:DY;
October 13, 1999
FINANCE:990924rs.doc