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File #: 101207    Version:
Type: Resolution Status: Passed
File created: 1/19/2011 In control: FINANCE & PERSONNEL COMMITTEE
On agenda: Final action: 2/8/2011
Effective date:    
Title: Substitute resolution amending Common Council File Number 091541 relating to carryover of certain fund balances from 2009 to 2010.
Sponsors: THE CHAIR
Indexes: BUDGET
Attachments: 1. Hearing Notice List

Number

101207

Version

SUBSTITUTE 1

Reference

091541

Sponsor

THE CHAIR

Title

Substitute resolution amending Common Council File Number 091541 relating to carryover of certain fund balances from 2009 to 2010.

 

Analysis

Common Council File Number 091541, a substitute resolution authorizing carryover of certain fund balances from 2009 to 2010, omitted authorizing the carryover of $390,000 in 2009 funding for the Housing Trust Fund. This resolution amends Common Council File Number 091541 to authorize the carryover of 2009 Housing Trust Fund funding, in the amount of $390,000, into 2010.

 

Body

Whereas, The Common Council on March 24,2010 adopted Common Council File Number 091541,a substitute resolution authorizing carryover of certain fund balances from 2009 to 2010; and

 

Whereas, The accounts enumerated in Exhibit A attached to Common Council File Number 091541 inadvertently omitted authorizing carrying over $390,000 in 2009 funding for the Housing Trust Fund into 2010; and

 

Whereas, The Budget and Management Division and the Common Council intended that $390,000 in 2009 Housing Trust Fund funding be carried over into 2010;  now, therefore, be it

 

Resolved, By the Common Council of the City of Milwaukee, that Common Council File Number 091541 is amended to include the following:

 

Department - Resolution

Account Number - 0001-9990-0001-S216-006300-2009

Account Name - Special Purpose

Description - Housing Trust Fund

Appropriation - $390,000

Expenditure - $0

Unencumbered Balance - $390,000

Amount Requested - $0

Amount Recommended - $390,000

Change - $390,000

 

Requestor

DOA-Budget and Management Division

Drafter

LRB124899-2

Jim Carroll

1/31/11