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File #: 091540    Version:
Type: Resolution Status: Passed
File created: 3/2/2010 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 3/24/2010
Effective date:    
Title: Substitute resolution rescinding reserved commitments and appropriating funds from the 2009 Common Council Contingent Funds for the purpose of closing the 2009 financial books due to unanticipated shortfalls in current year operating expenses.
Sponsors: THE CHAIR
Indexes: BUDGET, CONTINGENT FUND
Attachments: 1. Hearing Notice List, 2. Fiscal note

Number

091540

Version

SUBSTITUTE 1

Reference

 

Sponsor

CHAIR

Title

Substitute resolution rescinding reserved commitments and appropriating funds from the 2009 Common Council Contingent Funds for the purpose of closing the 2009 financial books due to unanticipated shortfalls in current year operating expenses.

 

Body

Whereas, To facilitate closing of Year 2009 financial books, rescinding a reserved commitment from 2009 Common Contingent Fund is necessary; now therefore, be it

 

Resolved, By the Common Council of the City of Milwaukee, that the $40,000 encumbered in the 2009 Common Council Contingent Fund (#0001-9990-C001-006300) be rescinded and placed back in the 2009 Common Council Contingent Fund.

 

Requestor

Department of Administration

Budget and Management Division

Drafter

Ref: 10007 DY/DS:dmr

March 12, 2010

Finance: 091540 - 2009 Closing.rtf

 

4/8/10  technical change.  dkf