HomeMy WebLinkAboutResolution 2022-091 Approving the Transfer of $435,157.80 in Budgeted Expense Authority from Multiple Projects in the General fund to Increase the Project Budget for MMC Drainage MARANA RESOLUTION NO. 2022-091
RELATING TO BUDGET; APPROVING THE TRANSFER OF S435,157.80 IN
BUDGETED EXPENSE AUTHORITY FROM MULTIPLE PROJECTS IN THE GENERAL
FUND TO INCREASE THE PROJECT BUDGET FOR THE MARANA MUNICIPAL
COMPLEX DRAINAGE IMPROVEMENT PROJECT IN THE FISCAL YEAR 2022-2023
BUDGET
WHEREAS on June 21, 2022, the Town Council adopted the fiscal year 2022-2023
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 budget included the Marana Municipal Complex (MMC) Drainage
Improvement Project with funding set at$251,440; and
WHEREAS the low bid received for the MMC Drainage Improvement Project is
$686,497.80 thereby requiring an additional S435,157.80 of budgeted expense authority to
fund the project; and
WHEREAS Town staff have identified funding from five other Town projects that
can instead be used to fund the MMC Drainage Improvement Project; and
WHEREAS transferring amounts within the fiscal year 2022-2023 budget will not
significantly impact the General Fund; 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 $435,157.80 in budgeted expense authority from
multiple projects in the General Fund in the fiscal year 2022-2023 budget is hereby ap-
proved.
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.
Marana Resolution No.2022-091 - 1 -
PASSED AND ADOPTED BY THE MAYOR AND COUNCIL OF THE TOWN OF
MARANA, ARIZONA, this 6th day of September, 2022.
/ 47.Mayor Ed Honea
ATTEST: APPROVED AS TO FORM:
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David Udall, Interim Town Clerk Jan- airall, Town Attorney
MARANA AZ
ESTABLISHED 1977
Marana Resolution No.2022-091 - 2 -