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<br />~ ~ <br />~ <:::l <br /><:::l <br />c-.." <br />W-8 l.Q <br />...J- <:: <br />i <br />u..s " <.!J <br />~ <br /> <C <br /><( <br /> <br />Ul <br />o <br />~~ <br />a: CO 0 46 . <br />w:E <br />-' c ;:;; U) <br />() co '< 0 rn <br />>- Cf) g, =t -0 <br />5; ORDINANCE NO. 2002- 60 ~ ~ ~ <br />o ~m ;--..) <br />AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF SA~ ~ ~ <br />MARCOS, TEXAS, ADOPTING A BUDGET FOR THE FISCAL YEA~ <br />BEGINNING ON OCTOBER 1, 2002 AND ENDING ON SEPTEMBER 30, <br />2003; AUTHORIZING CERTAIN ADJUSTMENTS TO THE BUDGET WITH <br />THE APPROVAL OF THE CITY MANAGER; APPROVING FISCAL YEAR <br />2002-2003 CAPITAL IMPROVEMENTS PROGRAM PROJECTS; <br />INCLUDING PROCEDURAL PROVISIONS; AND DECLARING AN <br />EMERGENCY. <br /> <br />RECIT ALS: <br /> <br />1. The City Charter provides for the City Council to set a time and place of public <br />hearing on the proposed budget for the City and to cause notice of the hearing and a summary of <br />the budget to be published in one or more newspapers of general circulation in the City. <br /> <br />2. The City Council at its regular meeting on July 8, 2002, set the date of this hearing <br />and directed the notice and budget summary be published. <br /> <br />3. The notice and budget summary were published in at least one newspaper of general <br />circulation in the City on July 28, 2002, prior to the date set for the public hearing on the budget <br />for the City for the fiscal year beginning October 1,2002 and ending September 30,2003. <br /> <br />4. The public hearing on the budget was held on August 12, 2002, a time at which all <br />interested persons were given an opportunity to be heard for or against any item or the amount of <br />any item contained in the budget. <br /> <br />5. At least fourteen days have elapsed since the public hearing on the budget as required <br />by the City Charter. <br /> <br />BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SAN MARCOS, <br />TEXAS: <br /> <br />SECTION 1. The City of San Marcos 2002-2003 Budget is approved and adopted for the <br />fiscal year beginning October 1,2002 and ending September 30,2003. <br /> <br />SECTION 2. The amount shown in the City of San Marcos 2002-2003 Budget as <br />necessary to provide for a sinking fund for the payment of the principal and interest and the <br />retirement of the bonded debt of the City is appropriated for that purpose. <br /> <br />SECTION 3. The City Manager is authorized to make the following adjustments to the <br />2002-2003 Budget: <br /> <br />(a) Transfers of funds among the accounts within each department; <br /> <br />C:\TEMP\Budget adoption.doc <br /> <br />~ <br />~!! <br />~r <br />g.m <br />~O <br />p. <br />~ <br />