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HomeMy WebLinkAboutResolution 2022-009 Authorizing Transfer of Budgeted Expense Authority to Water Reclamation FundMARANA RESOLUTION NO. 2022-009 RELATING TO BUDGET; AUTHORIZING THE TRANSFER OF UP TO $425,000 IN BUDGETED EXPENSE AUTHORITY FROM THE GENERAL FUND CONTINGENCY LINE ITEM TO THE WATER RECLAMATION FUND IN THE FISCAL YEAR 2022 BUDGET FOR COSTS RELATED TO SYSTEM REPAIRS AND MAINTENANCE WHEREAS on June 15, 2021, the Town Council adopted the fiscal year 2021-2022 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 fiscal year 2021-2022 budget included a Waste Water Operating fund including a budget for system repairs and upgrades, equipment maintenance and operating supplies; and WHEREAS the budgeted funding was used for emergency sanitary sewer system repairs and other unforeseen costs including inflation rather than for the planned system repairs and maintenance projects; and WHEREAS the Town Council desires to transfer budgeted expense authority in the fiscal year 2021-2022 budget of up to $425,000 from the General Fund Contingency line item to the Water Reclamation Fund for planned system repairs and maintenance projects; and WHEREAS transferring budget capacity from the General Fund Contingency line item of up to $425,000 within fiscal year 2021-2022 to the Water Reclamation Fund will not significantly impact the General Fund; and WHEREAS reallocations of budgeted expense authority between funds are neces- sary 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 $425,000 in budgeted expense authority from the General Fund Contingency line item to the Water Reclamation Fund for costs related to Marana Resolution No. 2022-009 - I - planned system repairs and maintenance projects in the fiscal year 2021-2022 budget is hereby approved. SECTION 2. The Town's Manager and staff are hereby directed and authorized to undertake all other and further tasks required or beneficial to carry out the terms, obliga- tions, and objectives of this resolution. PASSED AND ADOPTED BY THE MAYOR AND COUNCIL OF THE TOWN OF MARANA, ARIZONA, this 1st day of February, 2022. Mayor Ed Honea ATTES APPROV D AS TO FORM: Cherry L.L w on, Town Clerk J e airall, Town Attorney MARANA AZ ESTABLISHED 1977 Marana Resolution No. 2022-009 - 2 -