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Council substitutes ordinance to phase out city—s external reimbursable fund after HACM balance found
Summary
President Jose Perez sponsored an ordinance to limit or phase out the city—s use of external reimbursable accounts after the comptroller reported about $3.5 million tied to the Housing Authority of the City of Milwaukee; the committee voted to pass the substitute ordinance.
The Finance and Personnel Committee advanced a substitute ordinance aimed at ending or phasing out the city—s use of external reimbursable accounts after President Jose Perez said a review found large, longstanding unpaid balances tied to the Housing Authority of the City of Milwaukee (HACM).
"In totality, how much money is owed to the city of Milwaukee by HACM?" President Jose Perez asked during his introduction of the measure, telling the committee his review showed "over $4,000,000" owed and that more than $3,000,000 of it was attributable to a 2004 cooperation agreement that left DCD fronting payment and later leaving the balance in reimbursables.
Comptroller Bill Christiansen and accounting director Rick Baer described the reimbursable…
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