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ORDINANCE N0. ~007-029 <br />AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF PARIS, <br />TEXAS, ADOPTING A BUDGET FOR THE ENSUING FISCAL PERIOD <br />BEGINNING OCTOBER 1, 2007, AND ENDING SEPTEMBER 30, 2008, AS <br />AMENDED, IN ACCORDANCE WITH THE CHARTER OF THE CITY OF <br />PARIS; APPROPRIATING THE VARIOUS AMOUNTS THEREOF; MAKING <br />OTHER FINDINGS AND PROVISIONS RELATED TO THE SUBJECT; <br />REPEALING ALL ORDINANCES OR PARTS OF ORDINANCES IN <br />CONFLICT HEREWITH; AND PROVIDING AN EFFECTIVE DATE. <br />WHEREAS, the City Manager of the City of Paris has submitted to the City Council <br />a proposed budget of the revenues of the City and the expenses of conducting the affairs <br />thereof and providing a complete financial plan for the ensuing fiscal period, beginning <br />October 1, 2007, and ending September 30, 2008, and which said proposed budget has <br />been compiled from detailed information obtained from the several departments, divisions, <br />and offices of the City; and, <br />WHEREAS, the City Council has received the City Manager's proposed budget, a <br />copy of which proposed budget and all supporting schedules has been on file with the City <br />Clerk of the City of Paris, since August 16, 2007; and, <br />WHEREAS, a public hearing was held on the budget before the City Council (on <br />September 5, 2007) to allow proponents and opponents of the Budget an opportunity to be <br />heard as required by Article V, Section 50, of the Charter of the City of Paris, Texas, and <br />by Section 102.006(a) of the Local Government Code of the~State of Texas, and the City <br />Council is of the opinion that said proposed budget, as amended, should be approved and <br />adopted; <br />NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF <br />PARIS, TEXAS: <br />Section 1. That the findings set out in the preamble to this ordinance are hereby in <br />all things approved. <br />Section 2. That the proposed budget of the revenues of the City of Paris and the <br />expenses of conducting the affairs thereof, providing a complete financial plan for the <br />ensuing fiscal period beginning October 1, 2007, and ending September 30, 2008, as <br />submitted to the City Council by the City Manager and as amended by the City Council, be, <br />and the same is in all things, approved, adopted, and incorporated herein by reference for <br />all purposes, as the budget of all of the current expenses as well as the fixed charges <br />against the City for the fiscal period beginning October 1, 2007, and ending September 30, <br />2008. <br />Section 3. That the sum of $20,523,176.00 is hereby appropriated out of the <br />General Fund for the payment of operating expenses and capital outlay of the City <br />Government as follows: <br />