This bill proposes to amend section 42-17105 of the Arizona Revised Statutes to allow municipalities to amend their adopted budgets during the fiscal year to utilize additional revenues not originally included. The new provisions specify that budget amendments do not need to be adopted by the third Monday in July, prohibit the adoption of new or increased taxes or fees within the amendments, and establish that the amended estimates will constitute the municipality's amended budget for the current fiscal year. Additionally, the total proposed expenditures in the amended budget cannot exceed the amounts outlined in the published amended estimates.

Furthermore, the bill mandates that any proposed budget amendment must be included on the agenda of a regular meeting for discussion and consideration prior to a vote at the next regular meeting, and it explicitly states that these amendments cannot be treated as consent agenda items. These changes aim to provide municipalities with greater flexibility in managing their budgets while ensuring transparency and proper legislative process.

Statutes affected:
Introduced Version: 42-1004, 9-1502
House Engrossed Version: 42-17105