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HomeMy WebLinkAboutResolution 2016-121 Approving transfer of up to $85,000 from General FundMARANA RESOLUTION NO. 2016 -121 RELATING TO ADMINISTRATION; APPROVING- TIE TRANSFER OF UP TO $85,000 IN BUDGETED EXPENDITURE AUTHORITY FROM THE GENERAL FUND CONTINGENCY LINE ITEM IN THE FISCAL YEAR 2016 -2017 BUDGET TO THE PARKS AND RECREATION LANDSCAPE MAINTENANCE ACCOUNT FOR EXPENSES RELATED TO PHASE I OF THE MARANA MAIN STREET TREE PLAN WHEREAS on .Tune 21, 2016, the Town Council adopted the fiscal year 2016-2017 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 Town Council desires to transfer budgeted expenditure authority in the fiscal year 2016-2017 budget of up to $85,000 from the General Fund contingency line item to the Parks and Recreation landscape maintenance account for expenses related to completion of Phase I of the Marana Main Street Tree Plan, including the replacement of trees, an upgrade to the irrigation system, and installation of infrastructure for future electrical enhancements on Ma- rana Main Street; and WHEREAS IERI aA.S transferring; budgeted expenditure authority from the contingency fund of up to $85,000 within fiscal year 2016 -2017 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 THE TOWN OF MARANA, ARIZONA, AS FOLLOWS: SECTION 1. The transfer of up to $85,000 in budgeted expenditure authority from the General Fund's budgeted contingency line item to the Parks and Recreation landscape mainte- nance account in the fiscal year 2016-2017 budget for expenses related to completion of Phase 1 of the Marana Main Street Tree Plan is hereby approved. SECTION 2. The Town's Manager and staff are hereby directed and authorized to un- dertake all other and further tasks required or beneficial to carry out the terms, obligations, and objectives of this resolution. Marana Resolution No. 2016 -121 - 1 - PASSED AND ADOPTED BY THE MAYOR AND COUNCIL OF THE TOWN OF MARANA, ARIZONA, this I st da of November, 2016. f. ANA r ATTEST: IZO. F r nson, Town Clerk F Ma Ed qHon a Marcana Resolution No. 2016-121 - 2 -- APPROVED AS TO FORM: