Public Meeting Notice Location: Goodyear City Hall 190 N. Litchfield Rd. Citizen User Guide | AZ Open Meeting Law City Clerk's Homepage
Title
APPROVE THE OCTOBER 2016 BUDGET TRANSFERS
RECOMMENDATION:
Approve the October 2016 and FY16 Year-end budget transfers.
Body
PURPOSE:
Council approval of the October 2016 and FY16 budget transfers will be requested. Budget transfers are required to comply with 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 the budget as necessary by transferring appropriation authority between budget items, if certain conditions are met. (Lauri Wingenroth, Budget and Research Manager)