Number
141674
Version
Substitute 1
Reference
Sponsor
THE CHAIR
Title
Substitute resolution rescinding reserved commitments and appropriating remaining funds from the 2014 Common Council Contingent Fund for the purpose of closing the 2014 financial books due to unanticipated shortfalls in current year operating expenses.
Analysis
This resolution also authorizes the transfer from the 2014 Common Council Contingent Fund of up to $4,046,637 to various departments and account in order to close the 2014 financial books.
Body
Whereas, To facilitate closing of year 2014 financial books, transfers from the 2014 Common Council Contingent Fund are necessary; now therefore, be it
Resolved, By the Common Council of the City of Milwaukee that up to $29,333 from the Common Council Contingent Fund (0001-9990-C001-006300) (2014) be transferred to the Mayor's Office Operating Expenditures Account (0001-1110-R999-006300) (2014) if necessary; and, be it
Further Resolved, That up to $2,499 from the Common Council Contingent Fund (0001-9990-C001-006300) (2014) be transferred to the City Attorney Operating Expenditures Account (0001-1490-R999-006300) (2014) if necessary; and, be it
Further Resolved, That up to $7,119 from the 2014 Common Council Contingent Fund (0001-9990-C001-006300) (2014) be transferred to the City Attorney Equipment Account (0001-1490-R999-006800) (2014) if necessary; and, be it
Further Resolved, That up to $1,603 from the 2014 Common Council Contingent Fund (0001-9990-C001-006300) (2014) be transferred to the Department of Administration Operating Expenditures Account (0001-1510-R999-006300) (2014) if necessary; and, be it
Further Resolved, That up to $949,488 from the 2014 Common Council Contingent Fund (0001-9990-C001-006300) (2014) be transferred to the Department of Public Works-Infrastructure Services Division Operating Expenditure Account (0001-5230-R999-006300) (2014) if necessary; and, be it
Further Resolved, That up to $2,679,725 from the 2014 Common Council Contingent Fund (0001-9990-C001-006300) (2014) be transferred to the Department of Public Works-Operations Division Operating Expenditures Account (0001-5450-R999-006300) (2014) if necessary; and, be it
Further Resolved, That up to $35,413 from the 2014 Common Council Contingent Fund (0001-9990-C001-006300) (2014) be transferred to the Municipal Court Intervention Program Special Purpose Account (0001-1320-S155-006300) (2014) if necessary; and, be it
Further Resolved, That up to $1,294 from the 2014 Common Council Contingent Fund (0001-9990-C001-006300) (2014) be transferred to the Insurance Fund Special Purpose Account (0001-1490-S143-006300) (2014) if necessary; and, be it
Further Resolved, That up to $126,681 from the 2014 Common Council Contingent Fund (0001-9990-C001-006300) (2014) be transferred to the Outside Counsel/Expert Witness Special Purpose Account (0001-1490-S157-006300) (2014) if necessary; and, be it
Further Resolved, That up to $213,482 from the Common Council Contingent Fund (0001-9990-C001-006300) (2014) be transferred to the City Attorney Collection Contract Special Purpose Account (0001-1490-S113-006300) (2014), if necessary.
Requestor
DOA-Budget and Management Division
Drafter
Eric Pearson
05/04/15