Number
090043
Version
SUBSTITUTE 2
Reference
Sponsor
THE CHAIR
Title
Substitute resolution approving a 2009 Budget Management Plan.
Analysis
This resolution approves a 2009 City Budget Management Plan to adjust 2009 expenditures and plan for the 2010 City Budget in the face of increased annual costs of continuing baseline services and lack of revenue growth to fund services, including:
1. Continued review by the Department of Administration Budget and Management Division of requests to fill vacant positions to achieve at least 200 full-time vacant Operating and Maintenance-funded positions in the general city employee category by December 2009.
2. Suspending a total of approximately $1,527,000 from the salaries and wages account of various city departments as a result of implementation of a furlough program enacted under ordinance File Number 090102.
3. Directing city departments not to exceed funds budgeted for Energy in the “line item budget” for any other purpose other than energy expenses, unless the Department of Administration Budget and Management Division provides prior approval in writing for such expenditure.
The resolution also directs the Budget and Management Division to report on the implementation of the 2009 Budget Management Plan and its progress toward achieving its objectives to the Common Council’s Finance and Personnel Committee at the regularly scheduled December 16, 2009 meeting, as well as any other time the committee directs.
Body
Whereas, The City of Milwaukee’s 2009 Budget has experienced an ongoing imbalance between the increased annual costs of continuing baseline services and the lack of revenue growth to fund services; and
Whereas, The inflation-adjusted value of shared revenue to Milwaukee has decreased by approximately $60 million since 2003, and the City expects to lose additional shared revenue as part of the 2009-2011 State Budget; and
Whereas, 2008 investment losses for the City’s Employees Retirement System...
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