City of Madison, Wisconsin | Legislative Information Center
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File #: 55517    Version: 1 Name: Amending the 2019 Sewer Utility and Stormwater Utility Operating Budgets for coverage from the Insurance Fund and authorizing the replacement of vehicle destroyed in a vehicular accident.
Type: Resolution Status: Passed
File created: 4/23/2019 In control: Engineering Division
On agenda: 5/14/2019 Final action: 5/14/2019
Enactment date: 5/17/2019 Enactment #: RES-19-00378
Title: Amending the 2019 Sewer Utility and Stormwater Utility Operating Budgets for coverage from the Insurance Fund and authorizing the replacement of vehicle destroyed in a vehicular accident.
Sponsors: Tag Evers, Keith Furman

Fiscal Note

The proposed resolution amends the 2019 Adopted Budget to appropriate $31,455.30 from the Insurance Fund to the Sewer & Stormwater Utilities for a replacement vehicle. The proceeds will be evenly split between the utility funds.

 

Title

Amending the 2019 Sewer Utility and Stormwater Utility Operating Budgets for coverage from the Insurance Fund and authorizing the replacement of vehicle destroyed in a vehicular accident.

Body

WHEREAS, in January 2019, a City of Madison Engineering Division vehicle  (ID# 2615 -  2016 Ford Transit) was involved in a vehicular accident resulting in it being deemed a total loss; and

 

WHEREAS, the City of Madison’s Risk Manager has received $31,445.30 from State Farm to cover the City’s loss on behalf of its insured; and

 

WHEREAS, the vehicle was originally purchased with Stormwater Utility and Sewer Utility funds,

 

NOW, THEREFORE, BE IT FURTHER RESOLVED, that $31,445.30 be transferred from the Insurance Fund to the Sewer Utility and Stormwater Utility 2019 operating budget; and

   

BE IT FURTHER RESOLVED, that the 2019 Sewer Utility and Stormwater Utility Operating Budget be amended by the amount of the insurance proceeds for the purchase of a replacement vehicle as follows:

 

83110-53410-00000         $15,722.65

83110-49221-00000         ($15,722.65)

 

84110-53410-00000         $15,722.65

84110-49221-00000         ($15,722.65)