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09/24/2001-CC-Agenda Packet-SpecialAGENDA CITY COUNCIL, - SPECIAL CALLED MONDAY, SEPTEMBER 24, 2001 7:00 P.M. 201 BOLIVAR 1. Call Meeting to Order. 2. Consider and Possible Action Regarding Ordinance #09-23-01-Adopting the Budget for FY 2000/20010 3. Consider and Possible Regarding Ordinance #09-24-01-Adopting Tax Rate. 4. Adjourn. Rosalie Chavez Date and Time posted This facility is wheelchair accessible and accessible parking spaces are available. Requests for accommodations or interpretive services must be made 48 hours prior to this meeting. Please contact the City Secretary's office at (940) 458-7930 for further information. CITY OF SANGER, TEXAS ORDINANCE NO. #09-23-01 AN ORDINANCE OF THE CITY OF BANGER, DENTON COUNTY, TEXAS, ADOPTING THE BUDGET FOR THE CITY OF SANGER, TEXAS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2001 AND ENDING SEPTEMBER 30, 2002 PROVIDING FOR THE INTRA AND INTER DEPARTMENT AND FUND TRANSFERS; AND DECLARING AN EFFECTIVE DATE. WHEREAS, notice of a public hearing on the budget for the City of Sanger, Texas, for the Fiscal vear 2001 m2002 has been nublished in accordance with law: and. WHEREAS, it is necessary, at this time, that said budget be adopted. NOW, TI�REFORE, BE IT ORDAINED BY THE CITY COUNCIL, OF THE CITY OF SANGER, TEXAS, AS FOLLOWS: SECTION l : That the budget presented by the City Council and reviewed during the public hearing is hereby approved and adopted for the fiscal year 2001-2002. General Fund $2,416,051.00 Enterprise Fund $4,8185029.00 SECTION 2: That the City Administrator is authorized to invest any funds not needed for current use, whether operating funds or bond funds, in United States Treasury bills, savings accounts or certificates of deposit. Accrued interest from such investment may be deposited in the General Fund, all of which investments shall be in accordance with law. SECTION 3: That the City Administrator be and is hereby authorized to make intra and inter department fund transfers during the fiscal year as becomes necessary in order to avoid expenditure of a particular account. SECTION As This ordinance shall take effect and shall be in full force and effect from after its passage. PASSED, APPROVED AND ADOPTED, this the 24th day of September A.D., 2001. ATTEST: Rosalie Chavez City Secretary Tommy Kincaid Mayor, City of Sanger CITY OF SANGER, TEXAS ORDINANCE NO. #09-24-01 AN ORDINANCE OF THE CITY OF SANGER, DENTON COUNTY, TEXAS, LEVYING TAXES FOR THE USES AND SUPPORT OF THE MUNICIPAL GOVERNMENT OF THE CITY OF SANGER, TEXAS FOR FISCAL YEAR BEGINNING OCTOBER 1, 20005 AND ENDING SEPTEMBER 30, 20015 AND PROVIDING FOR THE INTEREST AND SINKING FUNDS FOR THE YEAR 2000 AND APPROPRIATING EACH LEVY FOR THE SPECIFIC PURPOSE; PROVIDING PENALTY AND INTEREST FOR DELINQUENT TAXES; AND DECLARING AN EFFECTIVE DATE. BE IT ORDAINED AND ORDERED by the City Council of the City of Sanger, Texas that: We, the City Council of the City of Sanger, do hereby levy or adopt the tax rate on $100.00 valuation for this city for tax year 2000 as follows: $0.37214 for the purpose of maintenance and operation $0621665 for the payment of principal and interest on bonds $0058879 total tax rate The tax collector is hereby authorized to collect the taxes of the City of Sanger employing the above tax rate. PASSED AND APPROVED AND ADOPTED, this 24th day of September A.D., 2001. Tommy Kincaid, Mayor ATTEST: Rosalie Chavez, City Secretary