powered help
header-left header-center header-right
File #: 131639    Version:
Type: Resolution Status: Passed
File created: 4/2/2014 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 4/22/2014
Effective date:    
Title: Substitute resolution appropriating up to $3,197,272 from the 2013 Common Council Contingent Fund for the purpose of closing the 2013 financial books due to unanticipated shortfalls in current year operating expenses.
Sponsors: THE CHAIR
Indexes: CONTINGENT FUND
Attachments: 1. Fiscal Impact Statement, 2. Budget Response, 3. Hearing Notice List
Number
131639
Version
SUBSTITUTE 1
Reference
 
Sponsor
THE CHAIR
Title
Substitute resolution appropriating up to $3,197,272 from the 2013 Common Council Contingent Fund for the purpose of closing the 2013 financial books due to unanticipated shortfalls in current year operating expenses.
Analysis
 
Body
Whereas, To facilitate closing of fiscal year 2013 financial books, transfers from the 2013 Common Contingent Fund are necessary; now therefore, be it
 
Resolved, By the Common Council of the City of Milwaukee that up to $3,065,000 from the Common Council Contingent Fund (#0001-9990-C001-006300) (2013) be transferred to the DPW-Operations Division Operating Expenditures Account (#0001-5450-R999-006300) (2013) if necessary; and, be it
 
Further Resolved, That up to $55,000 from the 2013 Common Council Contingent Fund (#0001-9990-C001-006300) (2013) be transferred to the Police Department Operating Expenditures Account (#0001-3310-R999-006300) (2013) if necessary; and, be it
 
Further Resolved, That up to $41,750 from the 2013 Common Council Contingent Fund (#0001-9990-C001-006300) (2013) be transferred to the City Attorney Collection Contract Special Purpose Account (#0001-1490-S113-006300) (2013) if necessary; and, be it
 
Further Resolved, That up to $35,522 from the Common Council Contingent Fund (#0001-9990-C001-006300) (2013) be transferred to the Department of City Development Land Management Special Purpose Account (#0001-1910-S209-006300) (2013), if necessary.
 
Requestor
Drafter
BMD/EP
Contfund/2013/year end transfers and closeout
4/15/14