By: Financial Affairs Committee
title
Resolution authorizing a fund transfer in the amount of $130,000 from Reserve for Contingencies to the General Fund Litigation Reserve for 2023 tax litigation expenses
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WHEREAS, the City of Wauwatosa has been defending challenges of property tax litigation brought by large taxpayers against the City and due to the volume and extent of litigation activity, the City has primarily utilized outside counsel to represent the City of Wauwatosa in these matters;
WHEREAS, the City has worked to reduce the impact of litigation costs by utilizing the Deputy City Attorney for more litigation tasks; but, the city is experiencing costs in excess of what was planned, particularly due to expert witness costs in 2023;
NOW THEREFORE BE IT RESOLVED by the Common Council of the City of Wauwatosa that the following fund transfer is hereby approved: transfer of $130,000 from the Reserve for Contingencies to the general fund litigation reserve for property tax litigation expenses in 2023.
recommendation
Recommendation: Approve 5-0