ORD 445 9/13/1994ORDINANCE #445
AN ORDINANCE OF THE CITY OF CIBOLO, TEXAS ADOPTING THE BUDGET FOR
THE FISCAL YEAR BEGINNING OCTOBER 1, 1994, AND ENDING SEPTEMBER 30,
1995:
WHEREAS, the City Council of the Municipality of Cibolo, Texas has complied with all
laws of the State of Texas regarding calculation of an effective tax rate; and,
WHEREAS, the City Council of Cibolo has met in open meeting and taken action to set the
date of adoption of the 1994-95 City Budget as required by the "Truth in Taxation" legislation
of the State of Texas; and,
WHEREAS, it is necessary, at this time, to adopt said Annual Budget,
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF
CIBOLO, TEXAS, AS FOLLOWS:
Section 1: That the City Budget herein presented by the City Administrator is hereby
approved and adopted for the fiscal year 1993-94,
Section 2: That the Mayor or his representative is authorized to invest any funds not
needed for current use in United States Treasury Bills, the State of Texas Texpool system, or
savings accounts in the City depository. Interest accrued from such investment may be
deposited in the General Fund or a specific enterprise fund as required by accepted accounting
procedures.
Section 3: That the City Administrator be and is hereby authorized to make inter
department transfers, not to exceed $3,000, during the fiscal year as becomes necessary in
order to avoid a specific department from exceeding its authorized budget.
Section 4: That the City Administrator be and is hereby authorized to make intra
department transfers, not to exceed $1,000, during the fiscal year as becomes necessary in
order to avoid a specific line item from exceeding its authorized amount.
Section 5: This Ordinance shall take effect and shall be in full force from and after its
passage.
PASSED, APPROVED AND ADOPTED, THIS 13TH DAY OF SEPTEMBER, 1994.
Sam Bauder, Mayor 1
ATTEST-
— E7�a &"
Charles A. Balcar, City Secretary