HomeMy WebLinkAboutOrd 1997-15 Adopting the FY 1997-1998 Budget• CITY OF ANNA
ORDINANCE NO. 9 7 - 1 5
AN ORDINANCE OF THE CITY OF ANNA, TEXAS APPROVING AND ADOPTING A
BUDGET FOR THE CITY FOR THE FISCAL YEAR OCTOBER 1, 1997 THROUGH
SEPTEMBER 30, 1998, AND PROVIDING THAT EXPENDITURES FOR SAID FISCAL
YEAR SHALL BE MADE IN ACCORDANCE WITH SAID BUDGET.
WHEREAS, THE BUDGET OFFICER OF THE CITY OF ANNA, TEXAS,
HASHERETOFORE FILED WITH THE CITY SECRETARY A PROPOSED BUDGET FOR
THE CITY COVERING THE FISCAL YEAR OCTOBER 1, 1997 THROUGH SEPTEMBER
30, 1998, AND
WHEREAS, THE GOVERNING BODY OF THE CITY HAS CONCLUDED ITS PUBLIC
HEARING ON SAID BUDGET;
NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL, OF THE CITY OF ANNA,
TEXAS.
SECTION 1: THAT SAID BUDGET AS AMENDED AND APPROVED BY THE CITY
COUNCIL BE ATTACHED TO THIS ORDINANCE AS EXHIBIT A AND MADE A PART
HEREOF FOR ALL PURPOSES.
SECTION 2: THAT, SUBJECT TO THE ABOVE MENTIONED AMENDMENTS, IF ANY,
SAID BUDGET ATTACHED HERETO AS EXHIBIT A, BE AND THE SAME HEREHBY
APPROVED AND ADOPTED BY THF CITY COUNCIL AS THE OFFICIAL BUDGET FOR
THE CITY FOR FISCAL YEAR AFORESAID,
SECTION 3: THAT EXPENDITURES DURING THE FISCAL YEAR SHALL, BE MADE IN
ACCORDANCE WITH THE BUDGET APPROVED BY THIS ORDINANCE UNLESS
OTHERWISE AUTHORIZED BY THE CITY COUNCIL.
SECTION 4: THAT THE CITY SECRETARY SHALL FORECAST REVENUES AND
EXPENDITURES AND INVEST IDLE CASH BALANCES IN ALL CITY CHECKING
ACCOUNTS IN CERTIFICATES OF DEPOSIT OF INTEREST BEARING ACCOUNTS
WITH THE CITY'S DESIGNATED DEPOSITORY TO THE FULLEST EXTENT POSSIBLE
WITHOUT ENDANGERING MUNICIPAL CASH AVAILABILITY.
SECTION 5: THAT THE NECESSITY FOR MAKING AND APPROVING A BUDGET:FOR
THE FISCAL YEAR, AS REQUIRED BY THE LAWS OF THE STATE OF TEXAS,
CREATES AN URGENCY AND AN EMERGENCY AND REQUIRES THAT THIS
ORDINANCE SHALL TAKE EFFECT FROM AND AFTER ITS PASSAGE, AS THE LAW IN
CASES PROVIDES.
SECTION 6: THAT THE CITY SECRETARY SHALL FILE A TRUE COPY OF THE
APPROVED BUDGET WITH THE COUNTY CLERK AS PROVIDED BY STATE LAW.
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DULY PASSED BY THE CITY COUNCIL OF THE CITY OF ANNA, TEXAS, ON THIS THE
14TH DAYOF OCTOBER , 1997.
ATTEST:
CITY SECRETARY