ORD 1112 09/09/2014 OF C7
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ORDINANCE NO. 1112
AN ORDINANCE BY THE CITY COUNCIL OF THE CITY OF
CIBOLO, GUADALUPE COUNTY, TEXAS, ADOPTING THE
BUDGET FOR FISCAL YEAR 2014-15, BEGINNING OCTOBER 1,
2014, AND ENDING SEPTEMBER 30, 2015 AND REVISING THE
BUDGET FOR THE PRECEDING FISCAL YEAR ENDING
SEPTEMBER 30,2014.
WHEREAS, in accordance with the City Charter, it is necessary to adopt a budget for the
Fiscal Year 2014-15; and
WHEREAS, a Proposed Budget for the period commencing October 1, 2014 and ending
September 30, 2015 has been prepared by the City Manager in accordance with Article VII
of the City Charter, and the City Council has considered the City Manager's Proposed
Budget; and
WHERAS, the Proposed Budget will raise more total property taxes than last year's budget
by $542,761 (8.53%) and of that amount $344,322 is tax revenue to be raised from new
property added to the tax roll this year.
WHEREAS, a public hearing on the Proposed Budget was held on September 2, 2014 after
due and proper notice of said hearing having been given in accordance with the City Charter,
NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF CIBOLO,TEXAS:
SECTION 1. The Proposed Budget herein presented and attached to this Ordinance for all
funds for the fiscal year commencing October 1, 2014 and ending September 20, 2015, is
hereby approved and adopted.
SECTION 2. The"Revised"budget herein presented and attached to this Ordinance for all
funds for the fiscal year ending on September 30, 2014 is hereby revised.
SECTION 3. The City Manager is hereby authorized to contract for expenditures without
further approval of the City Council for all budgeted items not exceeding the limits set by the
City Council.
SECTION 4. This Ordinance shall take effect and shall be in full force at 12:00 a.m. on
October 1, 2014.
PASSED AND APPROVED AND ADOPTED THIS 9TH DAY OF SEPTEMBER,2014.
APPROVED:
Mayor Lisa M. Jac n
ATTEST:
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Peggy Cimics, City Secretary