HomeMy WebLinkAboutOrd 830-2019 Adopting the FY 2019-2020 BudgetCITY OF ANNA, TEXAS
Ordinance No.,j�-!G%
Ordinance Adopting the Budget for the 2019 — 2020 Fiscal Year
AN ORDINANCE MAKING APPROPRIATIONS FOR THE SUPPORT OF THE CITY OF
ANNA FOR THE FISCAL YEAR BEGINNING OCTOBER 19 2019 AND ENDING
SEPTEMBER 30, 2020, APPROPRIATING MONEY TO AN INTEREST AND SINKING FUND
TO PAY INTEREST AND PRINCIPAL ON THE CITY'S INDEBTEDNESS; AND ADOPTING
THE ANNUAL BUDGET OF THE CITY OF ANNA FOR THE 2019 — 2020 FISCAL YEAR.
WHEREAS, the budget, appended hereto as Exhibit A, for the fiscal year beginning October
11 2019 and ending September 30, 2020, was duly presented to the City Council by the City
Manager and a public hearing was ordered by the City Council and a public notice of said
hearing was caused to be given by the City Council and said notice was published in the Anna -
Melissa Tribune and said public hearing was held according to said notice; now, therefore,
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF ANNA THAT:
SECTION 1. The appropriations for the fiscal year beginning October 1, 2019, and ending
September 30, 2020 for the support of the general government of the City of Anna, Texas, be
fixed and determined for said terms in accordance with the expenditures shown in the City's
fiscal year 2019 — 2020 budget, a copy of which is appended hereto as Exhibit A;
SECTION 2. The budget, as shown in words and figures in Exhibit A, is hereby approved in
all respects and adopted as the City's budget for the fiscal year beginning October 1, 2019
and ending September 30, 2020,
SECTION 3. That there is hereby appropriated the amount shown in said budget necessary
tU provide for an interest and sinking fund for the payment of principal and interest and the
retirement of the bonded debt requirements of fiscal year 2019 — 2020 of the City of Anna.
SECTION 4. In addition to Exhibit A, and in accordance with Section 7.08 of the Anna C;4-
Fund
itFund and $100,000 in the Utility Fund. All expenditures from this contingency appropriation
shall be in accordance with Section 7.08 of the Anna City Charter.
PASSED AND APPROVED by record roll call vote on this, the 17t" day of September, 2019.
Ayes (,� Nays Abstained
ATTESTED: -1 QF.A!yPROVED:
0
rrie L. Smith, City Secretary
ORD.
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Pike, Mayor