HomeMy WebLinkAboutOrdinance No. 2012-1979
CITY OF THE COLONY, TEXAS
ORDINANCE NO. 2012-1979
ADOPT MUNICIPAL BUDGET FOR FISCAL YEAR 2012-2013
AN ORDINANCE OF THE CITY OF THE COLONY, APPROVING AND
ADOPTING A BUDGET FOR THE CITY FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 2012, THROUGH SEPTEMBER 30, 2013;
PROVIDING FOR THE INTRA AND INTER-DEPARTMENT FUND
TRANSFERS; PROVIDING FOR THE INVESTMENT OF CERTAIN
FUNDS; PROVIDING THAT EXPENDITURES FOR SAID FISCAL
YEAR SHALL BE MADE IN ACCORDANCE WITH SAID BUDGET;
AND DECLARING AN EFFECTIVE DATE.
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WHEREAS, the Executive Director of Administration for the City of The Colony, Texas
has heretofore filed with the City Secretary, a proposed general budget for the City covering the
fiscal year 2012-2013; and
WHEREAS, a public hearing was duly held and all interested persons were given an
opportunity to be heard for or against any item therein in accordance with the Charter.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE
CITY OF THE COLONY, TEXAS:
SECTION 1: That the attached budget, presented by the City Manager and reviewed
during Council meetings and work sessions, and as amended be approved for the fiscal year
2012-2013.
SECTION 2: That the City Manager be and is hereby authorized to make intra and
Council approved inter-departmental fiend transfers during the fiscal year as becomes necessary
in order to avoid over-expenditures of a particular account.
SECTION 3: That the City Manager, unless expressly prohibited by law, or unless it is
in contravention of any Depository Contract, may direct the City Finance Director to invest
funds in accordance with the City's Investment Policy.
SECTION 4: That said Budget as attached hereto as Exhibit "A" of this Ordinance, and
made a part hereof for all purposes, is hereby approved in all respects and is adopted as the
City's budget for the fiscal year beginning October 1, 2012, and ending September 30, 2011
SECTION 5: The fact that the fiscal year begins on October 1, 2012, requires that this
Ordinance be effective upon its passage and adopted to preserve the public peace, property,
health and safety, and shall be in full force and effect from and after its passage and adoption.
DULY PASSED AND APPROVED, this the 18th day of September, 2012.
Jo McCou , Mayor
ity of The Colony, Texas
ATTEST:
Christie Wilson, TRMC, City Secretary
APPROVED AS TO FORM:
Jeff Mood; City Attorney
City-ofThe Colony, Texas
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FOR
EXHIBITS/ATTACHMENTS:
SEE ORIGINAL DOCUMENT IN CITY SECRETARY'S OFFICE
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