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Authorizing the Transfer of Funds in the 2024 Operations and Maintenance Budget and the Transfer of Funds in the 2024 Capital Budget
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RESOLVED, by the Milwaukee Metropolitan Sewerage Commission, that funds from the 2024 Operations and Maintenance Budget be transferred as follows: a total of $2,400,247 from Fringe Benefits, with $2,382,095 going to Technical Services, and $18,152 going to Information Technology Services.
FURTHER RESOLVED, by the Milwaukee Metropolitan Sewerage Commission, that funds from the 2024 Capital Budget be transferred as follows: $5.1 million from the Debt Service account, $1.2 million from the Federal & State Aid account, $1.6 million from the Interest & Other Income account, $13.8 million from the State Loans account, $5.1 million from the bonds account, and $51.9 million from the Additions to Available Funds account to be used to cover the unfavorable variance in Water Reclamation Facilities, Conveyance Facilities, Watercourse & Flood Management Projects, and Other Projects capital accounts.