Title
Adoption of the Tentative 2025-26 Reappropriated Funds Budget (Ordinance S-51961) - Citywide
Description
An ordinance (Attachment A) adopting the tentative Reappropriation Budget for items of expenditure previously adopted as part of the Fiscal Year 2024-25 Operating and Capital Funds Budgets of the City of Phoenix but remaining as unexpended funds as of June 30, 2025.
Report
Summary
This adopts the Tentative 2025-26 Reappropriated Funds Budget Ordinance. Council-approved contracts can span multiple fiscal years and budget appropriations expire on June 30 of each fiscal year. This ordinance re-establishes the spending authority for remaining payments to vendors on outstanding contract balances for goods and services to be received during Fiscal Year 2025-26.
This complies with requirements set forth in City Charter, Chapter XVIII, Section 6 and City Code Chapter 2, Section 2-18 and Arizona Revised Statutes 42-17102 and 42-17106 (A).
Department
Responsible Department
This item is submitted by City Manager Jeffrey Barton and the Budget and Research Department.