| ITEM #: 10. DATE: 05/19/2025 AI #:2338 |
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CITY COUNCIL ACTION REPORT
| SUBJECT: | FY2026 DESIGNATION OF CHIEF FISCAL OFFICER FOR EXPENDITURE LIMIT REPORTING |
| STAFF PRESENTER(S): | Jared Askelson, Finance Director |
SUMMARY
Arizona Revised Statutes §41-1279.07(E) requires that the City Council annually designate the Chief Fiscal Officer (CFO) for the purposes of filing the annual expenditure limit report. This resolution names Jared Askelson, Finance Director, as the designee for FY2026.
STRATEGIC PLAN ALIGNMENT
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RECOMMENDATION
ADOPT RESOLUTION NO. 2025-2468 DESIGNATING THE CHIEF FISCAL OFFICER FOR OFFICIALLY SUBMITTING THE FISCAL YEAR 2026 EXPENDITURE LIMITATION REPORT TO THE ARIZONA AUDITOR GENERAL. (Jared Askelson, Finance Director)
FISCAL IMPACT
No fiscal impact will result from the designation.
BACKGROUND AND PREVIOUS ACTIONS
Arizona Revised Statutes §41-1279.07(E) requires that the City Council annually designate the Chief Fiscal Officer (CFO) for the purposes of filing the annual expenditure limit report.
STAFF ANALYSIS
This will meet the CFO designation requirement of A.R.S. §41-1279.07(E). Resolution 2025-2468 is included as Attachment A.