Council to take action on Resolution No. 59-26 designating the Chief Fiscal Officer for officially submitting the fiscal year 2027 Annual Expenditure Limitation Report to the Arizona Auditor General;
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4.Y CITY OF BUCKEYE Regular Council Meeting COUNCIL ACTION REPORT MEETING DATE: 06/16/26 AGENDA ITEM: 4.Y. FIN - Designation of Chief Fiscal Officer for Annual Expenditure Limitation Report for Fiscal Year 2027 DATE PREPARED: 06/11/26 DISTRICT NO.: All STAFF LIAISON: Keith Fallstrom, Chief Financial Officer, kfallstrom@buckeyeaz.gov, (623) 349-6161 DEPARTMENT: Financial Services AGENDA ITEM TYPE: Consent Agenda Items / New Business ACTION/MOTION: (This language identifies the formal motion to be made by the Council) Council to take action on Resolution No. 59-26 designating the Chief Fiscal Officer for officially submitting the fiscal year 2027 Annual Expenditure Limitation Report to the Arizona Auditor General; and authorizing the Mayor, City Manager, City Attorney, City Clerk and Chief Financial Officer to take all steps necessary to carry out the purpose and intent of this Resolution on behalf of the Governing Body. GOALS AND OBJECTIVES FOR THE STRATEGIC PLAN FOCUS AREAS: Fiscal Responsibility SUMMARY PROJECT DESCRIPTION: By July 31st of each year, the City is required to provide to the Auditor General the name of the Chief Fiscal Officer (CFO) designated by the Mayor and Council to submit the current fiscal year's AELR. Additionally, the City is required to notify the Auditor General of any changes of individuals designated to file the AELR. The designated CFO shall certify as to the accuracy of the AELR. With Council's approval of Resolution No. 59-26, Keith Fallstrom will be designated as the CFO for fiscal year 2027. BENEFITS: The City will be in compliance with annual reporting of the designation of the CFO to the Auditor General as required by ยง 41-1279.07(E). FUTURE ACTION: Notice to be filed annually by the City of Buckeye Finance Department. FINANCIAL IMPACT STATEMENT: No financial impact. CURRENT FISCAL YEAR TOTAL COST: $0 BUDGETED: No FISCAL YEAR: 2027 Items related to a project or facility location must include an attached vicinity map for Council Review. ATTACHMENTS: Resolution No. 59-26 CFO Designation FY2027.pdf