HomeMy WebLinkAboutResolution 2023-108 Approving the Transfer of Budget to Various Departments and Projects MARANA RESOLUTION NO. 2023-108
RELATING TO BUDGET; APPROVING THE TRANSFER OF $44,000, S41,000, $330,000,
$5,000,$2,200,$1,250 AND$74,500 IN BUDGETED EXPENDITURE AUTHORITY FROM
THE GENERAL FUND CONTINGENCY LINE ITEM TO THE RESTRICTED BUDGET
LINE ITEMS WITHIN THE COMMUNITY & NEIGHBORHOOD SERVICES
DEPARTMENT, THE TANGERINE FARMS ROAD IMPROVEMENT DISTRICT FUND,
THE HEALTH BENEFITS FUND, THE NORTHEAST STREETS FACILITIES BENEFIT
AREA IMPACT FEE FUND, THE 2017B EXCISE TAX SERIES BONDS DEBT SERVICE
FUND, THE GLADDEN FARMS CFD DEBT SERVICE FUND, AND THE GLADDEN
FARMS,PHASE II CFD DEBT SERVICE FUND, RESPECTIVELY, 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 several funds within the budget incurred unanticipated costs which
could not be offset by savings within other budgetary line items; and
WHEREAS transferring amounts within the fiscal year 2022-2023 budget will not
significantly 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 S44,000 to the restricted budget line item within the
Community & Neighborhood Services Department; $41,000 to the restricted budget line
item for the Tangerine Farms Road Improvement District Fund;$330,000 to the restricted
budget line item for the Health Benefits Fund;$5,000 to the restricted budget line item for
the Northeast Streets Facilities Benefit Area Impact fee Fund; $2,200 to the restricted
budget line item for the 2017B Excise Tax Series Bonds debt service Fund; $1,250 to the
restricted budget line item for the Gladden Farms CFD debt service Fund; and $74,500 to
the restricted budget line item for the Gladden Farms, Phase II CFD debt service fund
Marana Resolution No.2023-108 - 1 -
from the General Fund's budgeted contingency line item in the fiscal year 2022-2023
budget is hereby approved.
SECTION 2. The Towri 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 21st day of November, 2023.
lr M Ed Honea
ATTEST: APPROVED AS TO FORM:
David L. Udall,Town Clerk J Fairall, Town Attorney
1416 ik
MARANA AZ
ESTABLISHED 1977
Marana Resolution No.2023-108 - 2 -