Legislation Details

File #: 17-5974    Version: 1 Name:
Type: Miscellaneous File Status: Passed
File created: 1/3/2017 In control: City Council Regular Meeting
On agenda: 1/23/2017 Final action: 1/23/2017
Title: APPROVE THE DECEMBER 2016 BUDGET TRANSFERS RECOMMENDATION: Approve the December 2016 budget transfers.
Attachments: 1. Staff Report, 2. December 2016 Budget Transfer Report

Title

APPROVE THE DECEMBER 2016 BUDGET TRANSFERS

RECOMMENDATION:

Approve the December 2016 budget transfers.

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PURPOSE:

Council approval of the December 2016 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)