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09-23-04-Ordinance-Adopting the Budget Fiscal Year 2004-2005-09/20/2004CITY OF SANGER, TEXAS ORDINANCE NO. #09-23-04 AN ORDINANCE OF THE CITY OF SANGER, DENTON COUNTY, TEXAS, ADOPTING THE BUDGET FOR THE CITY OF SANGER, TEXAS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2004 AND ENDING SEPTEMBER 30, 2005 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 year 2004-2005 has been published in accordance with law; and, WHEREAS, it is necessary, at this time, that said budget be adopted. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SANGER, TEXAS, AS FOLLOWS: SECTION 1: That the budget presented by the City Council and reviewed during the public hearing is hereby approved and adopted for the fiscal year 2004-2005. General Fund $3,333,572.00 Enterprise Fund $6,470,678.00 SECTION 2: That the City Manager 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 Manager 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 4: This ordinance shall take effect and shall be in full force and effect from after its passage. PASSED, APPROVED AND ADOPTED, this the 20th day of September A.D., 2004. ATT T: k Lnzv a., 0 j d ZIA Rosalie Chavez 40111r, incaid City Secretary City of Sanger PROVED AS TO FO rk City Attorney APPROVED: l fo-MMYrNCAID, MAYOR ATTEST: ROSALIE CHAVEZ, CITY SI&RETARY VED AS TO FORM: CITY ATTORNEY Page 14 Thursday, September 23, 2004 Sanger Courier CITY OF SANGER, TEXAS ORDINANCE NO.09-24-04 AN ORDINANCE OF THE CITY OF SANGER LEVYING THE AD VALOREM TAXES FOR THE YEAR 2004 (FIS- CALYEAR 2004-2005) AT A RATE OF $0.59260 PER ONE HUNDRED DOLLARS ($100) ASSESSED VALUATION ON ALL TAXABLE PROPERTY WITHIN THE CORPO- RATE LIMITS OF THE CITY OF SANGER AS OF JANU- ARY 1, 2005, TO PROVIDE REVENUE FOR THE PAY- MENT OF CURRENT EXPENSES; PROVIDING FOR AN INTEREST AND SINKING FUND FOR ALL OUTSTAND- ING DEBT OF THE CITY OF SANGER; PROVIDING FOR DUE AND DELINQUENT DATES TOGETHER WITH PEN- ALTIES AND INTEREST; PROVIDING A REPEALING CLAUSE; PROVIDING A SEVERABILITY CLAUSE; AND PROVIDING FOR AN EFFECTIVE DATE. ROSALIE CHAVEZ CITY SECRETARY S23/ltb CITY OF SANGER, TEXAS ORDINANCE NO.09-23-04 AN ORDINANCE OF THE CITY OF SANGER, DENTON COUNTY,'TEXAS, ADOPTING THE BUDGET FOR THE CITY OF SANGER, TEXAS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2004 AND ENDING SEPTEM- BER 30, 2005 PROVIDING FOR THE INTRA AND INTER DEPARTMENT AND FUND TRANSFERS; AND DECLAR- ING AN EFFECTIVE DATE. ROSALIE CHAVEZ CITY SECRETARY S23/1tb ADVERTISE IN THE SANGER COURIER CLASSIFIEDS AND MAKE SOME EXTRA $$CASH$$! JUST $6 PER WEEK FOR 25 WORDS OR LESS. . CALL 458-7429 Inde Envii Sery