Loading...
HomeMy WebLinkAboutResolution 2024-091 Approving the transfer of $750,000 from General Fund to Water Capital Fund for Design of a new WOC Admin Building MARANA RESOLUTION NO. 2024-091 RELATING TO BUDGET; APPROVING THE TRANSFER OF $750,000 IN BUDGETED EXPENDITURE AUTHORITY FROM THE GENERAL FUND (10043000-9998) TO THE WATER CAPITAL FUND FOR THE DESIGN OF A NEW WATER OPERATIONS CENTER ADMIN BUILDING, AND ESTABLISHING A PROJECT NUMBER FOR THE SAME PROJECT NAME, IN THE FISCAL YEAR 2024-2025 BUDGET WHEREAS on June 18, 2024, the Town Council adopted the fiscal year 2024-2025 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 2024-2025 budget includes$7,260,000 designated for fa- cility-related projects identified through the Facilities Master Plan which require Council approval for reallocation to specific projects in other funds; and WHEREAS during a study session on June 25, 2024, Town Council recommended that staff advance two facility-related projects, recognizing the need to improve condi- tions at the Water Operations Center and the Water Reclamation Facility; and WHEREAS to facilitate the design of a new Water Operations Center Admin Building the transfer of $750,000 of budget appropriation from the General Fund to the Water Capital Fund and establishment of a project number are required; and WHEREAS transferring amounts within the fiscal year 2024-2025 budget will not significantly impact the General Fund; and WHEREAS reallocations of budgetary amounts between General Fund depart- ments 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$750,000 in budgeted expenditure authority from the General Fund to the Water Capital Fund and establishment of a project number in the 2024-2025 budget are 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. Marana Resolution No.2024-091 - 1 - PASSED AND ADOPTED BY THE MAYOR AND COUNCIL OF THE TOWN OF MARANA, ARIZONA, this 15th day of October, 2024. 1 /41---- - --\ Mayor Ed Honea ATTEST: APPRO D AS TO FORM: David L. Udall, Town Clerk Ja F rall,Town Attorney I ',"4„, .....1 , ... MA AZ ESTABLISHED 1977 Marana Resolution No.2024-091 - 2 -