Vote — approved

Jack Sellers	yes
Thomas Galvin	yes
Bill Gates	yes
Clint Hickman	yes
Steve Gallardo	yes

Ayes: Jack Sellers, Thomas Galvin, Bill Gates, Clint Hickman, Steve Gallardo

Item Text

35. FY 2025 BUDGET TRANSFER FROM THE TAXPAYERS’ INFORMATION FUND TO THE MCTIS PROJECT 1. Approve a fund transfer of $500,000 from the Taxpayers' Information Fund (741) to the Technology Capital Improvement Fund (460). 2. Pursuant to A.R.S. § 42‐17106(B), approve the following transfers of revenue and expenditure authority in FY 2025: a. Increase the Non Departmental (D470) Technology Capital Improvement Fund (460) Treasurer's Technology System Upgrade (TTSU) expenditure appropriation by $500,000. b. Increase the Non Departmental (D470) Technology Capital Improvement Fund (460) Non Recurring (NRNP) revenue appropriation by $500,000. c. Increase the Treasurer’s Office (D430) Taxpayers’ Information Fund (741) Non Recurring (NRNP) expenditure appropriation by $500,000. d. Decrease the Non Departmental (D470) Non Departmental Grants Fund (249) Non Recurring (NRNP) expenditure appropriation by $500,000. e. Adjust the Eliminations (D980) Eliminations Fund (900) revenue and expenditure appropriations by ($500,000). This expenditure adjustment authorizes the Treasurer's Office to utilize $500,000 of the Taxpayers' Information Fund's accumulated fund balance. The approval of this action does not alter the budget constraining the expenditures of local revenues duly adopted by the Board pursuant to A.R.S. § 42-17105. Per A.R.S. § 11-495(B)(4), this funding will be utilized to update system hardware and software. This adjustment is necessary to provide the funding for the Treasurer's Technology System Upgrade. (C-43-25-001-X-00)

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