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HomeMy WebLinkAboutOrdinance 3372 ORDINANCE NO. 3372 AN ORDINANCE ADOPTING THE BUDGET FOR THE FISCAL YEAR OCTOBER 1, 2015 THOURGH SEPTEMBER 30, 2016, FOR THE CITY OF NORTH RICHLAND HILLS, TEXAS; ADOPTING THE AMENDED BUDGET FOR OCTOBER 1, 2014 THOUGH SEPTEMBER 30, 2015, AND PROVIDING FOR INVESTMENTS AND TRANSFERS. WHEREAS, in accordance with Section 102.001, et seq, TEX. LOC. GOV'T Code, the City Manager submitted to the City Council a budget for Fiscal Year 2015/2016, and the Council determined that a public hearing should be held at a time and place which was set forth in a notices published as required by law; and, WHEREAS, such public hearing on the budget was duly held on August 24, 2015, and all taxpayers were given an opportunity to attend and participate in such public hearing; NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL, CITY OF NORTH RICHLAND HILLS, TEXAS: SECTION 1. THAT the operating and capital budgets for the City of North Richland Hills, Texas, for the Fiscal Year beginning October 1, 2015 and ending September 30, 2016, in words and figures as shown herein, are adopted and approved as filed herewith. A copy of the approved budget shall be filed with the City Secretary. SECTION 2. THAT the City Manager be and is hereby authorized to make inter- departmental and inter-fund transfers during the fiscal year as deemed necessary in order to avoid over-expenditure of particular accounts. SECTION 3. THAT the City Manager or his designee be and hereby authorized to invest any funds not needed for current use in any lawful manner. Interest accrued from investments shall be deposited to the interest income account of the funds from which the principal was invested. SECTION 4. THAT the amended budget for the City of North Richland Hills for the fiscal year beginning October 1, 2014, and ending September 30, 2015, filed herewith is hereby amended and approved. A copy of the amended budget shall be filed with the City Secretary. SECTION 5. THAT the amended capital projects budget for the City of North Richland Hills for the fiscal year beginning October 1, 2014, and ending September 30, 2015, filed herewith are hereby amended and approved. A copy of the amended projects shall be filed with the City Secretary. Ordinance No. 3372 Page 1 of 2 PASSED AND APPROVED on this the 14th day of September, 2015. CITY • NORTJICHLAND HILLS r , By: `` ``��otot'�CHOscar Trevino, Mayor ATTEST: ��� ,�N' �• :w ( 'L4 , ) .i Alicia Richardson, City Secretor'• 1 6... rr�t�i`�tiu,tn y APPROVED A TO FORM AND LEGALITY: ALL41 4 ,/ Geode A. tap es, Ci ' Attorney APPROVED AS TO CONTENT: Mark C. Mills, Director of Budget & Research Ordinance No. 3372 Page 2 of 2