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AGENDA ITEM REVIEW FORM |
6.A.
Regular City Council Meeting
- Meeting Date:
- 09/23/2015
- Department Head:
- Ketie St. Louis
- Submitted By:
- Ketie St. Louis, Finance Director, Finance Department
Action Requested:
Motion
ITEM:
Discussion and possible action to approve and authorize the transfer of funds from Council Contingencies to the general non-departmental section to cover an unexpected invoice regarding the interagency agreement with the Arizona Department of Revenue (AZDOR). (Ketie St. Louis, Director of the Finance Department)
SUMMARY:
In accordance with ARS §42-6001, the Arizona Department of Revenue(AZDOR) is currently providing collection and administration of “Privilege Excise Taxes” to the majority of cities, with anticipated conversion for the remaining 15 cities, within the State of Arizona and is seeking reimbursement for the services they provide under Chapter 323 of House Bill 2617. Attached to this Agenda Item is the invoice and an e-mail of explanation from AZDOR.
RECOMMENDATION / SUGGESTED MOTION:
I MOVE TO APPROVE AND AUTHORIZE APPROPRIATE CITY OFFICIALS TO EXECUTE THE TRANSFER OF FUNDS FROM COUNCIL CONTINGENCIES TO GENERAL NON-DEPARTMENTAL SECTION TO COVER THE INVOICE FROM THE ARIZONA DEPARTMENT OF REVENUE AS PRESENTED.
Fiscal Impact
- IS THERE FISCAL IMPACT ASSOCIATED WITH THIS ITEM:
- Yes
- CITY/STATE/FEDERAL FUNDS:
- City
- TOTAL:
- $60,700.00
- BUDGETED:
- No
- AVAILABLE TO TRANSFER:
- $250,000
- ACCOUNT #/REMAINING BALANCE:
- 100-110-81000
FISCAL IMPACT STATEMENT:
Transfer of funds from Council contingencies line 100-110-81000 to non-departmental line 100-999-80000.