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ORD 1139 09/08/2015 �' C/- 1111111"1j1 4G 10. ^; <. r '''�4bi/i/M//iRIfRI111101 re.x As "City of Choice" ORDINANCE NO. I3 9 AN ORDINANCE BY THE CITY COUNCIL OF THE CITY OF CIBOLO, GUADALUPE COUNTY, TEXAS, ADOPTING. THE BUDGET FOR FISCAL YEAR 2015-2016, BEGINNING. OCTOER 1, 2015, AND ENDING SEPTEMBER 30,. 2016 AND AMENDING THE BUDGET FOR THE PRECEDING FISCAL YEAR ENDING SEPTEMBER 30,2015. WHEREAS, in accordance with the City Charter, it is necessary to adopt a budget for the Fiscal Year 2015-2016; and WHEREAS, a Proposed Budget for the period commencing October 1, 2015 and ending September 30, 2016 has been prepared by the City Manager in accordance with Article V1I of the City Charter, and the .City Council has considered the City Manager's Proposed Budget; and WHEREAS, the Proposed Budget will raise more total property taxes thanlast year's budget by $390,564 (5.63%) and of that amount $346,573 is tax revenue to be raised from new property added to the tax roll this year; and WHEREAS, a public hearing on the Proposed Budget was held on September 1, 2015 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, 2015 and ending September 30, 2016, 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, 2015'is hereby amended. 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. The City Manager is hereby authorized to transfer unencumbered appropriations within and between departmental operating budgets absent further approval of the City. Council without exceeding total fund appropriations established by this adopted budget. SECTION 5. This Ordinance shall take effect and shall be in full force at 12:00 a.m. on October 1, 2015. PASSED AND APPROVED AND ADOPTED THIS 8TH DAY OF SEPTEMBER,2015. APPROVED: Mayor Lisa M. Jackson ATTEST: 1-0 Peggy Cimics, City Secretary