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HomeMy WebLinkAboutResolution 2016-019 Approving transfer of up to $8,000 in budgeted expenditure authorityMARANA RESOLUTION NO. 2016-019 RELATING TO ADMINISTRATION; APPROVING THE TRANSFER OF UP TO $8,000 IN BUDGETED EXPENDITURE AUTHORITY FROM THE GENERAL FUND CONTINGENCY LINE ITEM IN THE FISCAL YEAR 2015 -2016 BUDGErr rrO THE BED TAX FUND AND THE AIRPORT ENTERPRISE FUND FOR EXPENSES RELATED rFO SPECIAL EVENTS WHEREAS on June 16, 2015, the Town Council adopted the fiscal year 2015 -2016 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 the rl, own Council desires to transfer budgeted expenditure authority in the fiscal year 2015-2016 budget of up to $4,000 from the General Fund contingency line item to the Founders' Day event line item in the Bed Tax Fund for Marana Founders' Day expenses and up to $4,000 from the General Fund contingency line item to the advertising line item within the Airport Fund for expenses related to the Columbine send -off event; and WHEREAS transferring budgeted expenditure authority from the contingency fund of up to $8,000 within fiscal year 2015-2016 will not significantly impact the General Fund; and WHEREAS reallocations of budgeted expenditure authority 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 THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF T HE TOWN OF MAR.AN.A, ARIZONA, AS FOLLOWS: SECTION 1. The transfer of up to $4,000 in budgeted expenditure authority from the General Fund's budgeted contingency line item to the Founders' Day event line item in the Bed Tax Fund in the fiscal year 2015-2016 budget for Marana Founders' Day expenses is hereby ap- proved. SECTION 2. The transfer of up to $4,000 in budgeted expenditure authority froze. the General Fund's budgeted contingency line item to the advertising line item within the Airport Enterprise Fund in the fiscal year 2015-2016 budget for expenses related to the Columbine send-off event is hereby approved. SECTION 3. The Town's Manager and staff are hereby directed and authorized to under - take all other and further tasks required or beneficial to carry out the terms, obligations, and ob- jectives of this resolution. Marana ReS011itlon No. 2016 -019 w PASSED AND ADOPTED BY THE MAYOR AND COUNCIL OF THE TOWN OF MARANA, ARIZONA, this 16th day of February, 2016. ronson, Torn Clerk Mayor Ed Honea APPROVED AS TO FORM: F nk C dy, Tow torney Mamma Resolution No. 2016-019 -2-