City of Goodyear - File #: 13-4959

• File #: 13-4959
• Version: 1
• Type: Miscellaneous File
• Status: Passed
• File created: 1/14/2013
• In control: City Council Regular Meeting
• On agenda: 2/11/2013
• Final action: 2/11/2013
• Title: : FY12-13 SECOND QUARTER BUDGET TRANSFERS. RECOMMENDATION: Approve fiscal year (FY) 2012-13 second quarter budget transfers. PURPOSE: Budget transfers are required according to Arizona State Statute and budget law and are necessary for continuance of City operations. An Arizona city or town may not revise its adopted budget to increase total expenditures, but it is permitted to revise budgeted expenditures at the department level by transferring monies between budget items, if certain conditions are met. (Terri Canada, Budget & Research Manager)

Date	Ver.	Action By	Action	Result
2/11/2013	1	City Council Regular Meeting	APPROVED on the Consent Agenda

TITLE:

FY12-13 SECOND QUARTER BUDGET TRANSFERS.

RECOMMENDATION:

Approve fiscal year (FY) 2012-13 second quarter budget transfers.

PURPOSE:

Budget transfers are required according to Arizona State Statute and budget law and are necessary for continuance of City operations. An Arizona city or town may not revise its adopted budget to increase total expenditures, but it is permitted to revise budgeted expenditures at the department level by transferring monies between budget items, if certain conditions are met. (Terri Canada, Budget & Research Manager)