Number
081200
Version
SUBSTITUTE 1
Reference
Sponsor
THE CHAIR
Title
Substitute resolution relating to expenditure of funds to be reimbursed by greater than anticipated revenue. (Department of Public Works)
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, The Department of Public Works has received payment from FEMA for a spring flood during June of 2008; and
Whereas, The amount received of $188,956 from FEMA can not be directly credited to an expenditure; and
Whereas, The Comptroller has certified greater than anticipated revenue in the amount of $188,956, pursuant to s. 304-91; and
Pursuant to s. 304-91, I hereby certify that the money required for this is anticipated to be realized on or before 12/31/08 and to be expended only for the purpose in this resolution.
__________________________________ _______________
Comptroller Date
; now, therefore, be it
Resolved, By the Common Council of the City of Milwaukee, that $188,956 is appropriated to the Department of Public Works Operation Division account #0001-5450-R999-006300; and, be it
Further Resolved, That the Department of Public Works Operation Division is authorized to expend $188,956 in the account #0001-5450-R999-006300; 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.
Drafter
Budget and Management Division
Ref:DY:08017 FINANCE:DPW flood greater revenue.doc
January 12, 2009