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File #: 200403    Version:
Type: Resolution Status: Passed
File created: 7/7/2020 In control: COMMON COUNCIL
On agenda: Final action: 7/28/2020
Effective date:    
Title: Substitute resolution to increase grantor share appropriation authority for 2020.
Sponsors: THE CHAIR
Attachments: 1. DOA Letter, 2. Budget Response, 3. Hearing Notice List

Number

200403

Version

SUBSTITUTE 1

Reference

 

Sponsor

THE CHAIR

 

Title

Substitute resolution to increase grantor share appropriation authority for 2020.

 

Analysis

 

Body

Whereas, The 2020 adopted budget appropriated $94,946,990 for the Special Revenue Fund - Grant and Aid Grantor Share (Non-City) for operating grants (account 0150-9990-R999-GR0002000000); and

 

Whereas, Grant funding anticipated in 2020 will exceed the current 2020 budget appropriation for operating grants in the Grant and Aid fund, as a result of unanticipated grant funding received through the federal CARES Act and related grants; and

 

Whereas, additional funding needs to be appropriated in the Grant and Aid fund to support these unanticipated grants; and

 

Whereas, the City Comptroller and Department of Administration have determined that an additional $125,000,000 in Grant and Aid fund appropriations should be sufficient to cover grant needs in 2020; now, therefore, be it

 

Resolved, By the Common Council of the City of Milwaukee, that $125,000,000 in additional funds are appropriated to the Special Revenue Fund - Grant and Aid Grantor Share (Non-City) account No. 0150-9990-R999-GR002000000 and the Estimated Revenue/Funding Source; 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.

 

Requestor

DOA Budget and Management Division

 

.Drafter

ECP: ns

July 13, 2020

Common/Finance/Resolution/200403res