ORD 912 09/14/2009 ORDINANCE NO. 912
AN ORDINANCE BY THE CITY COUNCIL OF THE CITY OF
CIBOLO, GUADALUPE COUNTY, TEXAS, ADOPTING THE
BUDGET FOR FISCAL YEAR 2009-10, BEGINNING OCTOBER 1,
2009,AND ENDING SEPTEMBER 30, 2010.
WHEREAS, the City Council of the Municipality of Cibolo, Texas, has complied with all
laws of the State of Texas regarding calculation of effective and rollback tax rates; and
WHEREAS, the City Council of the municipality of Cibolo, Texas, has met in open
meetings, conducted public hearings and taken action to set the date of the adoption of
the 2009-10 City Budget as required by the "Truth in Taxation" legislation of the State of
Texas; and the City charter of the City of Cibolo; and
WHEREAS, it is necessary at this time to adopt the annual budget;
BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF CIBOLO,
TEXAS...
Section 1
That the City Budget herein presented and attached to this Ordinance is hereby approved
for Fiscal Year 2009-10.
Section 2
That the City Manager and Finance Director are authorized to invest any funds not
needed for current use in United Treasury Bills, the State of Texas, TexPool system,
savings accounts in the City depository, or other such instrument or program allowed by
the City's investment policy adopted by the City Council. Interest accrued from such
investment(s) may be deposited in the General Fund for a specific enterprise fund as
required by accepted accounting procedures.
Section 3
That the City Manager be and 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,
2009.
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PASSED AND APPROVED AND ADOPTED THIS 14TH DAY OF SEPTEMBER,
2009.
APPROVED:
C�--hilii it��
I\&or fifer H rtman
ATTEST:
Peggy Cimics, City Secretary
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