| | | | | | | | CITY OF PEORIA, ARIZONA
COUNCIL COMMUNICATION | Agenda Item: 7C. |
| Date Prepared: 8/2/2023 | Council Meeting Date: 8/15/2023 |
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| | | | | | | | | TO: | Mike Faust, City Manager
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| | | | | | | | THROUGH:
| Kevin Burke, Deputy City Manager |
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| | | | | | | | | FROM:
| Sean Kindell, Chief Financial Officer
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| | | | | | | | SUBJECT:
| Designation of Chief Fiscal Officer for Submittal of Fiscal Year 2024 Annual Expenditure Limitation Report |
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| | | | | | | | Purpose:
Discussion and possible action to adopt RES. 2023-85 designating Sean Kindell, Chief Financial Officer, to submit the Fiscal Year 2024 Annual Expenditure Limitation Report to the Arizona Auditor General. |
| | | | | | | | Summary:
The City is required to annually designate a Chief Fiscal Officer who is authorized by the governing body to submit the Annual Expenditure Limitation Report (AELR).
As Chief Financial Officer, Sean Kindell, would be designated with the authority to submit the report. A.R.S. 41-1279.07(E) requires each municipality to annually provide to the Auditor General, by July 31, the name of the Chief Fiscal Officer the governing body has designated to officially submit the subsequent Year's AELR on the governing body's behalf. The designation must be by resolution and in the specific resolution format prescribed by the Auditor General.
Arizona municipalities are subject to constitutional expenditure limitations prescribed by Article IX, Sections 20 and 21 of the Arizona Constitution. Each municipality is required to submit an AELR every year to the Auditor General showing compliance with the expenditure limitation. |
| | | | | | | | Previous Actions/Background:
On June 6, 2023, the City Council approved a similar resolution designating Kevin Burke to submit the AELR. With Sean Kindell being hired as the Chief Financial Officer in July 2023, a resolution is needed to update the change for the Auditor General. |
| | | | | | | | Staff Recommendation:
Approve the resolution as presented |
| | | | | | | | Fiscal Analysis:
No Fiscal Impact |
| | | | | | | | Contact Name and Number:
Sean Kindell, (623) 773-7819 |
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