Item Text

11. TRANSFER EXPENDITURE APPROPRIATION FOR RESERVE FOR REVENUE SHORTFALL Pursuant to A.R.S. §42-17106(b), transfer expenditure appropriation of $5,600,000 from County Attorney Civil (280) General Fund (100) Operating (0000) to a new line in Non-Departmental (470) General Fund (100) Operating (0000) Contingency entitled, “Reserve for Revenue Shortfall”. Budgeted expenditures for Outside Counsel and Tax Appeals restated from Non-Departmental to the new County Attorney Civil Department in FY 2008-09 was mistakenly included twice. To correct the overfunding of County Attorney Civil, this item moves $5,600,000 to a reserve for a potential shortfall in budgeted General Fund revenue. (C-49-09-015-2-00)