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RESOLUTION NO. 2020-72R <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF <br />SAN MARCOS, TEXAS APPROVING A BUDGET POLICY <br />STATEMENT FOR PREPARATION OF THE 2020-2021 FISCAL <br />YEAR BUDGET; AND DECLARING AN EFFECTIVE DATE. <br />RECITALS: <br />1. Section 8.02(b) of the San Marcos City Charter requires the City Council <br />to formulate a policy statement to be used by the City Manager as direction during the <br />preparation of the proposed annual budget. <br />2. The City Council conducted a public hearing regarding the formulation of <br />the budget policy statement at its regular meeting on March 17, 2020. <br />BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN <br />MARCOS, TEXAS: <br />PART 1. The Budget Policy Statement attached to this Resolution is hereby <br />approved and the City Manager shall use this statement to direct the preparation of the <br />proposed budget for the 2020-2021 fiscal year. <br />PART 2. This resolution shall be in full force and effect from and after its <br />passage. <br />ADOPTED on March 17, 2020. <br />ane Hughson <br />Mayor <br />Att t: <br />T my K Cook <br />,,J. yvterirh,, �"itClerk <br />