Number
091029
Version
ORIGINAL
Reference
Sponsor
Title
Resolution relating to expenditure of funds to be reimbursed by greater than anticipated revenue. (Special Purpose Account - Contributions)
Analysis
This resolution authorizes the Office of the Comptroller to increase appropriations in the Special Purpose account for contributions to allow for the transfer of contributions to the individual department’s special purpose accounts.
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, Section 304-24 of the City of Milwaukee Code of Ordinances regulates the receipt, appropriation and expenditure of contributions received by the City; and
Whereas, The Estimated Contribution Revenue account as a source of funds for general city purposed was established at $2,100,000.00 as a result of the 2009 Budget process; and
Whereas, Contribution revenue received to date exceeds $2,233,666.53; and
Pursuant to s. 304-91, I hereby certify that the money required for this is anticipated to be realized on or before 12/31/09 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 $42,064.91 is appropriated to the 2009 Special Purpose Contribution account 0001-2110-D001-006300 with a corresponding increase to the Estimated Contribution Revenue account 0001-9990-009850; and, be it
Further Resolved, That the City Comptroller be, and herby is, authorized and directed to carry out the intent of this resolution.
Requestor
CITY COMPTROLLER
Drafter
CITY COMPTROLLER
WMM:PN:
11-23-09