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76-7-Ordinance-Adopting the Budget for Fiscal Year 1976-1977-08/16/1976
ORDINANCE NO• 76-7 AN ORDINANCE ADOPTING A BUDGET FOR THE FISCAL, YEAR, BEGINNING SEPTEMBER 1, 1976 AND ENDING AUGUST 31, 1977; AND APPROPRIATING THE VARIOUS AMOUNTS THER]EOFO City of Sanger and the expenses of conducting the affairs thereof, p1roviding ! r complete financial plan for the ensuing fiscal year beginning ."1976 ♦ ending• nitted to the City Council by the City Manager of said City, be, ind the same is In all things adopted )f all the current expenses as as the fixed charges ending aid City for the fiscal year beginning September 1, 1976 and August 1977- out of the General Fund for the paymentoperating expenses and capital outlay of the City Government. out of the General Funa for the purpose paying generaldue on gr bonds and time warrants,ll the serial bonds as they mature, and creating a sinking fund SECTION ® oLa.t of the and capital `That the sum of 57 r, a10®n0 is hereby appropriated Utility Fund fear the payment of raperating expenses outlay of the City Government. SECTION 5® That the sum of 6a7©,263®00 is hereby appropriated o .zt of the Utility Fund for the purpose of paying interest due on revenue brands, redeeming the serial brands as they mature, and creating a sinking fund therefor® SECTION 6® This ordinance shall be and remain in full. farce and affect from and after its passage and approval by the City Council of the City of Sanger, Texas® 41 2 the ,,,, day of , A ®D. 1976. ATTEST 4