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File #: 19-457    Version: 1 Name: 2018 surplus to debt service
Type: Action Report Status: Signed
File created: 4/22/2019 In control: County Clerk
On agenda: Final action: 6/10/2019
Title: From the Milwaukee County Comptroller, Office of the Comptroller, and the Director, Office of Performance, Strategy, and Budget, Department of Administrative Services, requesting authorization to eliminate the approximately $1.6 million payment from the Employees' Retirement System Trust to the County for administrative expenses in 2018, and to transfer all but $5.0 million of the projected 2018 year-end surplus to the Debt Service Reserve.
Attachments: 1. 19-457 REPORT, 2. 19-457 RESOLUTION, 3. 19-457 FISCAL NOTE, 4. 19-457 COUNTY BOARD RESOLUTION
Related files: 19-500, 19-805

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From the Milwaukee County Comptroller, Office of the Comptroller, and the Director, Office of Performance, Strategy, and Budget, Department of Administrative Services, requesting authorization to eliminate the approximately $1.6 million payment from the Employees’ Retirement System Trust to the County for administrative expenses in 2018, and to transfer all but $5.0 million of the projected 2018 year-end surplus to the Debt Service Reserve.

 

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