Loading...
HomeMy WebLinkAboutOrdinance No. 2010-1864CITY OF THE COLONY, TEXAS, ORDINANCE NO. 2010-,n� ADOPT MUNICIPAL BUDGET FOR FISCAL YEAR 2010-2011 AN ORDINANCE OF THE CITY OF THE COLONY, TEXAS APPROVING THE REVISED BUDGET FOR FISCAL YEAR 2009-2010; APPROVING AND ADOPTING A BUDGET FOR THE CITY FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2010, THROUGH SEPTEMBER 30, 2011; 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. WHEREAS, the budget for fiscal year 2009-2010 has been revised since its adoption on September 21 st, 2009; and WHEREAS, the Finance Director of the City of The Colony, Texas has heretofore filed with the City Secretary, a proposed general budget for the City covering the fiscal year 2010- 2011; and WHEREAS, notices of a public hearing on the Budget for the City of The Colony, Texas, for the fiscal year 2010-2011 was heretofore published in accordance with law; 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. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF THE COLONY, TEXAS: SECTION 1: That the revised budget for fiscal year 2009-2010 as adopted by the City Ordinance No. 09-1828 on September 21 st, 2009 is hereby approved as amended. SECTION 2: That the attached budget, presented by the City Manager and reviewed during the public hearing, and as amended be approved for the fiscal year 2010-2011. SECTION 3: That the City Manager be and is hereby authorized to make intra and Council approved inter -departmental fund transfers during the fiscal year as becomes necessary in order to avoid over -expenditures of a particular account. SECTION 4: 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 5: 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, 2010, and ending September 30, 2011. SECTION 6: The fact that the fiscal year begins on October 1, 2010, 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 21st day of September, 2010. ATTEST: Christie Wilson, TRMC, City Secretary APPROVED AS TO FORM: Jeff Moore,'/City Attorney City e Colony, Texas Jq,d McCoul, Mayor ttv of The Colonv. Texas "Exhibit A" City of the Colony Annual Operating Budget Fiscal Year 2010-2011 Due to the vast size of the exhibit attached to Ordinance 2010-1864 please contact the City Secretary's office to view full document. CITY OF THE COLONY TEXAS ANNUAL OPERATING BUDGET FISCAL YEAR 2010-2011