Title
(CONTINUED FROM JUNE 3, 2020) - Adoption of the Tentative 2020-21 Reappropriated Funds Budget (Ordinance S-46651)
Description
An ordinance (Attachment A) adopting the tentative Reappropriation Budget for items of expenditure previously adopted as part of the 2019-20 fiscal year Operating and Capital Funds Budgets of the City of Phoenix but remaining as unexpended funds as of June 30, 2020.
Report
Summary
This adopts the tentative budget of the City of Phoenix for encumbrance (outstanding contracts) balances at June 30, 2020, to allow for liquidation of those balances during the 2020-21 fiscal year.
This complies with requirements set forth in the City Charter and Code and State Statutes.
Department
Responsible Department
This item is submitted by City Manager Ed Zuercher and the Budget and Research Department.