BUDGET TRANSFERS FOR RECHARGE PROJECTS RECOMMENDATION: Approve budget transfers for water recharge projects. PURPOSE: At the September 9, 2013 worksession, Water Resources Manager, Mark Holmes, presented information for specific costs related to recharging water to receive storage credits. If the City Council desires to proceed with this project (WR1401), a budget transfer from projects WR1202, WR1001, and WW1002, which were for infrastructure to use reclaimed water for irrigation, is necessary as outlined in the attached budget transfer request form. Budget transfers are required according to Arizona State Statute and budget law and are necessary for continuance of City operations. An Arizona city or town may not revise its adopted budget to increase total expenditures, but it is permitted to revise budgeted expenditures at the department level by transferring monies between budget items, if certain conditions are met. (Larry Lange, Finance Director)

Committee

City Council Regular Meeting

Introduced

August 27, 2013

On agenda

September 9, 2013