JULY 2016 BUDGET TRANSFERS RECOMMENDATION: Approve the July 2016 budget transfers. PURPOSE: Council approval of the July 2016 budget transfers 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 and Research Manager)

Committee

City Council Regular Meeting

Introduced

August 18, 2016

On agenda

August 29, 2016