HomeMy WebLinkAboutOrd 729-2016 2016-2017 FY BudgetCITY OF ANNA, TEXAS
Ordinance No.
Ordinance Adopting the Budget for the 2016 - 2017 Fiscal Year
AN ORDINANCE MAKING APPROPRIATIONS FOR THE SUPPORT OF THE
CITY OF ANNA FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2016,
AND ENDING SEPTEMBER 30, 2017; 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 2016 — 2017 FISCAL YEAR.
WHEREAS, the budget, appended here as Exhibit A, for the fiscal year
beginning October 1, 2016 and ending September 30, 2017, 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, 2016,
and ending September 30, 2017 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 2016 — 2017 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, 2016, and ending September 30, 2017.
SECTION 3. That there is hereby appropriated the amount shown in said budget
necessary to 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
2016 - 2017 of the City of Anna.
SECTION 4. In addition to Exhibit A, and in accordance with Section 7.08 of the
Anna City Charter, the budget also includes a contingency appropriation of
$180,654. All expenditures from this contingency appropriation shall be in
accordance with Section 7.08 of the Anna City Charter.
PASSED AND APPROVED this, the 13th day of September, 2016.
Ayes Nays ( Abstained
ATTESTED: APPROD':
City Secretary, Carie L. Smith ,owl III 111/1,4�ayor, Mike Crist
OF
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