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HomeMy WebLinkAboutResolution 2017-100 Approving transfer of $340,000 for unanticipated costs in the FY 2016-2017 budget MARANA RESOLUTION NO. 2017-100 RELATING TO ADMINISTRATION; APPROVING THE TRANSFER OF $340,000 IN BUDGEJ`ED EXPENDITURE AUTHORITY FROM THE GENERAL FUND CONTINGENCY LINE ITEM TO THE RESTRICTED BUDGET LINE ITEMS WITHIN THE POLICE, LEGAL AND TECHNOLOGY SERVICES DEPARTMENTS FOR UNANTICIPATED COSTS IN THE FISCAL YEAR 2016-2017 BUDGET WHEREAS on June 21, 20161 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 Police,, Legal and Technology Services Departments incurred unantici- pated costs which could not be offset by savings within other budgetary line items; and WHEREAS transferring amounts within the fiscal year 2016-2017 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 MAR-ANA, ARIZONA, AS FOLLOWS: SEC'1JON 1. The transfer of $340,000 from the General Fund's budgeted contingency line item to the restricted budget line items within the Police, Legal and Technology Services Departments in the fiscal year 2016-2017 budget, as set forth in Exhibit A, attached to and incor- porated by this reference in this resolution, 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. 00054758DOCA/I Manana Resolution No.2017-100 PASSED AND ADOPTED BY THE MAYOR AND COUNCIL OF THE TOWN OF MARA.NA, ARIZONA, this 7"' day o f'N o,vember, 2017. Mayor Ed qonea ATTEST: APPR.OV D AS TO FORM: _/czrte---- R celyn C. son, Town Clerk , Fr k Ca s', , "own Att 1 MARANA A7 : ,hBLIS'Hj_'[; +?�f 00054758.DOCX/1 Martina Resolution No.2017-100 - 2 - Town of Marana Schedule of General Fund Budget Adjustments—Fiscal year 2016-2017 Exhibit A Budgetary transfers due to unanticipated costs: Department Increase Decrease Police $300,000 Legal 20,000 Technology Services 205040 Contingency $340,000 Total $340,000 $340,000