City of Milwaukee - File #: 230261

• File #: 230261
• Version: 1
• Type: Resolution
• Status: Passed
• File created: 5/31/2023
• In control: COMMON COUNCIL
• Final action: 6/20/2023
• Title: Substitute resolution directing all City departments and City-related agencies to investigate methods of generating new revenue for the City.
• Sponsors: ALD. STAMPER, ALD. COGGS, ALD. WESTMORELAND, ALD. TAYLOR, ALD. A. PRATT, ALD. RAINEY, ALD. CHAMBERS JR., ALD. PEREZ
• Indexes: REVENUE

Date	Ver.	Action By	Action	Result	Tally
6/28/2023	1	MAYOR	SIGNED
6/20/2023	1	COMMON COUNCIL	ADOPTED	Pass	14:0
6/5/2023	0	STEERING & RULES COMMITTEE	RECOMMENDED FOR ADOPTION; Minutes note: Add Ald. Perez as co-sponsor. Aycha Sawa - Comptroller	Pass	8:0
5/31/2023	0	COMMON COUNCIL	ASSIGNED TO

Number
230261
Version
SUBSTITUTE 1
Reference
221185
Sponsor
ALD. STAMPER, COGGS, WESTMORELAND, TAYLOR, PRATT, RAINEY, CHAMBERS AND PEREZ
Title
Substitute resolution directing all City departments and City-related agencies to investigate methods of generating new revenue for the City.
Analysis
This resolution directs all City departments and City-related agencies, including the Housing Authority of the City of Milwaukee, Milwaukee Economic Development Corporation, Neighborhood Improvement Development Corporation and Redevelopment Authority of the City of Milwaukee, to investigate possible methods for generating new revenue for the City. The resolution further directs each department and agency to present its findings at a meeting of the Steering and Rules Committee to be scheduled at the call of the Chair.
Body
Whereas, The City of Milwaukee faces an unprecedented set of fiscal challenges; and

Whereas, Among these challenges are the City’s inflexible sources of revenue; and

Whereas, According to a recent Wisconsin Policy Forum (WPF) report, between 2011 and 2021, City revenues grew by only 12.8% in the City’s tax-supported governmental funds, which was substantially lower than the 20.5% increase in the Consumer Price Index over that period; and

Whereas, Milwaukee’s other major source of revenue, shared state revenue, has remained stagnant since 2011; and

Whereas, Milwaukee has traditionally relied much more on state payments than other wealthier communities, such as Madison; and

Whereas, According to WPF, in 2000, Milwaukee received 40.7% of its general revenues from state aid and only 21.1% from local property taxes; and

Whereas, According to the same WPF report, by 2020, overall state aid had fallen to 27.6% of Milwaukee’s general revenues, just below the 28.4% of revenues that came from the local property tax levy, the first time in the available state data that local property taxes contributed a larger share of the City’s general revenues th...