APPROVING THE FEBRUARY 2016 BUDGET TRANSFER(S) RECOMMENDATION: Approve the February 2016 budget transfer(s). PURPOSE: Council approval of the February 2016 budget transfer(s) will be requested. Budget transfers are required to comply with 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 the budget as necessary by transferring appropriation authority between budget items, if certain conditions are met. (Lauri Wingenroth, Budget & Research Manager)

Committee

City Council Regular Meeting

Introduced

March 7, 2016

On agenda

March 28, 2016

Passed

March 28, 2016