HomeMy WebLinkAboutResolution 2016-125 Approving $370,000 transfer for unanticipated costs in FY 2015-2016 budgetMAI2ANA RESOLI1TIOlV NO, 2016 -125
RELA'I"ING- TO .ADMINISTRATION; APPROVING THE TRANSFER OF $370,000 IN
BUDGETED EXPENDITURE AUTHORITY FROM THE GENERAL FUND
CONTINGENCY LINE ITEM TO THE RESTRICTED BUDGET LINE ITEMS WITHIN THE
POLICE DEPARTMENT FOR UNANTICIPATED COSTS IN THE FISCAL YEAR 201.5-
2016 BUDGET
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 Police Department incurred unanticipated costs which could not be offset
by savings within other budgetary line items; and
WHEREAS transferring amounts within the fiscal year 2015.2016 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 THEREFORE, BE IT RESOLVED BY THE MAYOR. AND COUNCIL OF THE
TOWN OF MARANA, ARIZONA, AS FOLLOWS
SECTION 1. The transfer of $370,000 from the General Fund's budgeted contingency
line item to the restricted budget line items within the Police Department in the fiscal year 2015-
2016 budget, as set forth in Exhibit A, attached to and incorporated by this reference in this reso-
lution, 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.
00049574.DOCX II.
Marana Resolution No. 2010 --125 � � w
PASSED AND ADOPTED BY THE MAYOR AND COUNCIL OF THE TOWN OF
MARANAI, ARIZONA, this 15"' da of November, 2016.
ATTEST:
Ma Ed onca
APPROVF,D AS TO FORM:
1 09 44 94d-0*-X--)
ocel ronson, Town Clerk r
Cas Town A
00049574.DOCX /I
Marana Resolution No. 2016-125 -2-
Town of Marana
Schedule of General Fund Budget Adjustments — Fiscal year 2415 -2016
Exhibit A
Budgetary transfers due to unanticipated costs:
Department
Increase
Decrease
Police
Contingency
Total
$370,000
$370,000
$370,000
$370,000