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C-number: C-37-22-028-X

C-number: C-37-22-028-X-00
Item: #2
Revision: 00
Vote — approved
Bill Gates yes
Clint Hickman yes
Jack Sellers yes
Thomas Galvin yes
Steve Gallardo yes
2.BUDGET ADJUSTMENT FOR MARICOPA COUNTY ACCOMMODATION SCHOOL 1. Approve a fund transfer in an amount not to exceed $2,048,020 from the General Fund (100) to the Schools Transportation Fund (780). 2. Pursuant to A.R.S. § 42‐17106(B), approve the following transfers of revenue and expenditure authority in FY 2022:a. Decrease the Non Departmental (D470) General Fund (100) Operating (OPER) Contingency (4711) in the lines “Schools - Accommodation School Subsidy Contingency” for an amount not to excee
Item Text
2. BUDGET ADJUSTMENT FOR MARICOPA COUNTY ACCOMMODATION SCHOOL 1. Approve a fund transfer in an amount not to exceed $2,048,020 from the General Fund (100) to the Schools Transportation Fund (780). 2. Pursuant to A.R.S. § 42‐17106(B), approve the following transfers of revenue and expenditure authority in FY 2022: a. Decrease the Non Departmental (D470) General Fund (100) Operating (OPER) Contingency (4711) in the lines “Schools - Accommodation School Subsidy Contingency” for an amount not to exceed $2,048,020 b. Increase Non Departmental (D470) General Fund (100) Operating (OPER) Other Programs (4712) in a new line, “Schools Accommodation Schools Subsidy Transfer”, in an amount not-to-exceed $2,048,020 c. Increase the County School Superintendent (D370) Schools Transportation Fund (780) Operating (OPER) revenue and expenditure appropriation by an amount not-to-exceed $2,048,020 d. Adjust the Eliminations (D980) Eliminations Fund (900) revenue and expenditure appropriations by an amount not-to-exceed -$2,048,020. Approval of this action will have a net zero impact on the overall County budget and does not alter the budget constraining expenditures of local revenues duly adopted by the Board pursuant to A.R.S 42‐17105. This adjustment is necessary to provide the funding for the Maricopa County Accommodation School pursuant to 15- 1001.A. 5, "For necessary expenses for the establishment and conduct of accommodation schools pursuant to section 15-308." (C-37-22-028-X-00)
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1 item(s) sharing C-number base C-37-22-028-X