Fiscal Note
No appropriation required. There is no impact upon cost controls or the tax levy.
Title
Transfer of Funds from Streets Division 2005 Permanent Salaries to 2005 Overtime Wages.
Body
Whereas, the Streets Division 2005 Budget includes $506,323 for overtime wages and includes $7,756,504 for permanent salaries, and;
Whereas, Streets Division overtime expenditures are estimated to exceed the 2005 Budget, based upon typical year-end snow and ice control overtime expenditures, and;
Whereas, excluding extraordinary snow and ice operational needs, permanent salary expenditures for the Streets Division are estimated to be less than the 2005 Budget.
NOW, THEREFORE, The Common Council of the City of Madison do ordain as follows:
The 2005 Budget is amended to increase the Streets Division overtime wages account GN01-51300-635000-00-6300000 by $85,000, and to decrease the Streets Division permanent salary account GN01-51110-635000-00-6300000 by $85,000, resulting in zero net change to the total expenditure authority included in the 2005 Budget.