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File #: 230334    Version: 0
Type: Resolution-Immediate Adoption Status: Passed
File created: 6/20/2023 In control: COMMON COUNCIL
On agenda: Final action: 6/20/2023
Effective date:    
Title: Resolution authorizing the return of funds transferred to the Employer Reserve Fund on May 25, 2023 to the General Fund.
Sponsors: THE CHAIR
Indexes: BUDGET
Attachments: 1. CCFN 230334 Memo

                                                          IMMEDIATE ADOPTION

Number

230334

Version

ORIGINAL

 

Reference

 

Sponsor

THE CHAIR

 

Title

Resolution authorizing the return of funds transferred to the Employer Reserve Fund on May 25, 2023 to the General Fund.

 

Analysis

Chapter 36 of the Milwaukee City Charter requires a resolution be adopted to disburse funds from the Employer Reserve Fund. This resolution authorizes the return of funds transferred to the Employer Reserve Fund on May 25, 2023 back to the General Fund.

 

Body

Resolved, That funds in the amount of $920,732.84 shall be transferred from the from the Employer Reserve Fund back to the General Fund.

 

Requestor

Office of the City Treasurer

 

Drafter

Robyn Malone

06/06/2023