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HomeMy WebLinkAboutResolution 2015-109 Transferring $250,000 in budgeted expenditure for unanticipated costsMARANA RESOLUTION NO. 2015-109 RELArFING TO ADMINISTRATION; TRANSFERRING- $250,000 IN BUDGETED EXPENDITURE AUTHORITY FROM THE GENERAL FUND CONTINGENCY LINE IrI "EM TO THE RESTRICTED BUDGET LINE ITEMS WITHIN VARIOUS TOWN DEPARTMENTS IN THE FISCAL YEAR 20142015 BUDGET FOR UNANTICIPATED COSTS; REALLOCATING- $377,060 IN EXPENDITURE AUTHORITY BETWEEN CERTAIN DEPARTMENTS IN THE FISCAL YEAR 2014 -2015 BUDGET DUE TO A REORGANIZATION WHEREAS on .tune 17, 2014, the Town Council adopted the fiscal year 20142015 budgetary document and overall financial plan which set the legal level of budgetary control at the department level for the General Fund and at the fund level for all other funds; and WHEREAS certain departments incurred unanticipated costs which could not be offset by savings within other budgetary line items; and W14EREAS a reorganization of certain departments occurred after the adoption of the budget which requires the reallocation of expenditure authority; and WHEREAS transferring amounts within the fiscal year 20142015 budget will not signif- icantly impact the General Fund; and WHEREAS reallocations of budgetary amounts between the contingency line item in the General Fund to other line items are necessary from time to time; and WHEREAS the Council finds that the reallocations addressed by this resolution are in the best interest of the Town of Marana and its citizens. NOW, rFFIEREIi ORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF ]" HE TOWN OF MARANA, ARIZONA, AS FOLLOWS: SECTION 1. $250,000 from the General Fund's budgeted contingency line item to the restricted budget line items within various Town departments in the fiscal year 2014-2015 budg- et is hereby transferred as set forth in Exhibit A., attached to and incorporated by this reference in this resolution. SECTION 2. $377,060 of expenditure authority in the fiscal year 20142015 budget is hereby reallocated between certain departments as set forth in Exhibit A, attached to and incor- porated by this reference in this resolution. Marana Resolution No. 2015 -109 - 1 -- SECTION 3. The Town's Mana and staff are hereb directed and authorized to un- dertake all other and further tasks re or beneficial to carr out the terms, obli and objectives of this resolution. PASSED AND ADOPTED BY THE MAYOR AND COUNCIL OF THE TOWN 01� MARANA, ARIZONA, this 6"' da of October, 2015. 1 1 N 9 MAGNA 7 ATTEST: cel C;Z Town Clerk Ma Ed Holnea Marana Resolution No. 2015-109 - 2 - APPROVED AS TO FORM: Town of Marana Schedule of General Fund Budget Adjustments -- Fiscal year 2014.2015 Exhibit A Budgetary transfers due to reorganization: Department Increase Decrease Building Safety $209,403 Planning 5403 Public Works 112,964 Records $326,941 Engineering 5 0,119 Total $377A0 $3 77,060 Budgetary transfers due to unanticipated costs: Department Increase Decrease Police $ 5000 Community Development and Neighborhood Services 200,000 Contingency $250,000 Total $250,000 $250,000