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File #: 230919    Version: 0
Type: Resolution Status: Passed
File created: 10/10/2023 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 10/31/2023
Effective date:    
Title: Resolution increasing capital grantor share appropriation authority for 2023.
Sponsors: ALD. BAUMAN
Indexes: CAPITAL IMPROVEMENTS, GRANTS
Attachments: 1. Cover Letter, 2. Hearing Notice List

Number

230919

Version

ORIGINAL

Sponsor

ALD. BAUMAN

Title

Resolution increasing capital grantor share appropriation authority for 2023.

Body

Whereas, The Capital Improvements City-Wide Grantor Share Non-City Cash Account, No. 0306-9990-R999-SP032230100, was funded in the amount of $10,000,000 in the 2023 adopted budget; and

 

Whereas, This account provides funding for projects which receive partial reimbursement through various State and/or Federal aid and grant programs, but require the city to front the project cost; and

 

Whereas, the city’s participation in grantor share needs in 2023 will require $10,000,000 in additional expenditure authority; now, therefore, be it

 

Resolved, By the Common Council of the City of Milwaukee, that $10,000,000 in additional expenditure authority is appropriated to the Capital Improvements City-Wide Grantor Share Non-City Cash Account No. 0306-9990-R999-SP032230100 and the Estimated Revenue/Funding Source (2023 VSNCCR - Grantor Share Non-City Cash Revenue); 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

Mason Lavey

October 10, 2023

I:\FINANCE\Resolutions\Capital Grantor Share Authority-230919