NUMB:
991072
VERS:
SUBSTITUTE 1
REF:
XXBY:
THE CHAIR
TITL:
Substitute resolution relating to expenditure of funds to be reimbursed by greater than anticipated revenue (Milwaukee Public Library)
ANLS:
This resolution authorizes the Milwaukee Public Library to expend an additional $100,000 for expenses associated with upgrading its technological infrastructure. These expenses are offset by higher than anticipated revenues from the State of Wisconsin.
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, Common Council files 981648 and 981649 authorized an intergovernmental agreement and a lease purchase agreement between the State of Wisconsin, the City of Milwaukee and the Milwaukee Public Library relating to network wiring infrastructure; and
Whereas, The State of Wisconsin will reimburse the Milwaukee Public Library for related network wiring infrastructure costs through the "Technology for Educational Achievement in Wisconsin" loan program; and
Whereas, Revenue in the amount of $100,000 was not anticipated in the 1999 Budget; and
Whereas, The Comptroller has certified greater than anticipated revenue in the amount of $100,000, 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 $100,000 is appropriated to account #0007-5010-RM50190000 from the Special Purpose Account - Reimbursable Services Advance Fund; and, be it
Further Resolved, That the Milwaukee Public Library is authorized to expend $100,000 in their operating expenditure account 0001-8610-R999-006300 for expenses associated with network wiring infrastructure costs; 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:LDH;
October 20, 1999
FINANCE:991072rs.doc