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<br /> co (() <br /> N I:..,:) <br /> Cl <br /> ~ <br /> ..,' ~- 3: <br /> " .- <br />I ,. J..---.. ,-.l-~_ <br />-- ;._.1 <br />w_ r- L.:: . - J <br /> " <br />I >~J ~' <br /> ~ <--' , <br /> n.. .--! ( <br />t~ -- ."--. --. I <br />W _ J C'.:J ' __ ~ <br />""'1,",;;;&gI en )- I <br /> ',.0 <br /> C=:J <br /> ~ U <br /> c....... GJ <br /> <br />ORDINANCE NO. 2006- 41 <br /> <br />0 ~, <br />;::; t..- <br />'<0 c F:n <br />o- r <br />c;;~ """" cq- <br />DlO CC g-m <br />::Jr <br />s:m N ~o <br />Dl:II C::J fP' <br />0'" C::J <br />C'l ~ <br />0 <br />!II <br /> <br />AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF <br />SAN MARCOS, TEXAS, ADOPTING A BUDGET FOR THE <br />FISCAL YEAR BEGINNING ON OCTOBER 1, 2006 AND <br />ENDING ON SEPTEMBER 30, 2007; AUTHORIZING <br />CERTAIN ADJUSTMENTS TO THE BUDGET WITH THE <br />APPROVAL OF THE CITY MANAGER; APPROVING FISCAL <br />YEAR 2006-2007 CAPITAL IMPROVEMENTS PROGRAM <br />PROJECTS; INCLUDING PROCEDURAL PROVISIONS; AND <br />DECLARING AN EMERGENCY. <br /> <br />RECITALS: <br /> <br />1. The City Charter provides for the City Council to set the time and place of a 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 a newspaper of general circulation in the City. <br /> <br />2. The City Council at its regular meeting on August 2, 2006, set the date of this hearing <br />and directed the staff to publish notice of the public hearing and a budget summary for the City's <br />proposed budget for fiscal year 2006-2007. <br /> <br />I <br /> <br />3. The public hearing notice and budget summary were published in a newspaper of <br />general circulation in the City on August 4, 2006, prior to the date set for the public hearing on <br />the City's proposed budget for fiscal year 2006-2007. <br /> <br />4. The public hearing on the City's proposed budget for fiscal year 2006-2007 was held <br />on August 15, 2006, and all interested persons were given an opportunity at the hearing to be <br />heard for or against any item or the amount of any item contained in the budget. <br /> <br />5. At least fourteen days have elapsed since the public hearing on the City's proposed <br />budget for fiscal year 2006-2007, as required 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 2006-2007 Budget is approved and adopted for the <br />fiscal year beginning October 1,2006 and ending September 30, 2007. <br /> <br />SECTION 2. The amount shown in the City of San Marcos 2006-2007 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 />I <br />