HomeMy WebLinkAboutORD 2011-21 - Fiscal & Budgetary PolicyORDINANCE NUMBER &O) 1-I
AN ORDINANCE OF THE CITY OF GEORGETOWN, TX FORMALLY
ADOPTING THE FISCAL AND BUDGETARY POLICY; PROVIDING A
SEVERABILITY CLAUSE; AND SETTING AN EFFECTIVE DATE.
WHEREAS, the City Council developed a Fiscal and Budgetary Policy and was
adopted by City Council action in 2001; and
WHEREAS, the Fiscal and Budgetary Policy has been reviewed and adopted
each year since 2001 by such Council action; and
WHEREAS, the Fiscal and Budgetary Policy was informally included with the
adoption of the annual budget ordinance; and
WHEREAS, the Fiscal and Budgetary Policy will now be adopted separately by
ordinance; and
WHEREAS, this Policy is used to guide the City's financial operations; and
WHEREAS, the City's Annual Budget is prepared in accordance with this policy;
and
WHEREAS, the City Council has reviewed and approved the amended Fiscal
and Budgetary Policy for 2011/12; and
WHEREAS, the City Council has deemed this Policy to be in effect:
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF GEORGETOWN, TEXAS, THAT:
SECTION 1. The facts and recitations contained in the preamble of this
ordinance are hereby found and declared to be true and correct, and are incorporated
by reference herein and expressly made a part hereof, as if copied verbatim. The City
Council hereby finds that this ordinance complies with the Vision Statement of the City
of Georgetown 2030 Comprehensive Plan.
SECTION 2. The City Council approves the Fiscal and Budgetary Policy as
illustrated in Exhibit A.
SECTION 3. In the event any section, paragraph, subdivision, clause, phrase,
provision sentence or part of this ordinance or the application of same to any person or
circumstance shall for any reason be adjudged invalid or held unconstitutional, by a
court of competent jurisdiction, it shall not affect, impair, or invalidate the remainder of
this ordinance which shall be given full force and effect.
Fiscal and Budgetary Policy Amendment
Ord 4t10011-
SECTION 4: The Mayor is hereby authorized to sign this Ordinance and the City
Secretary to attest. This Ordinance shall become effective May 10, 2011.
PASSED AND APPROVED on First Reading on the 10th day of May, 2011.
PASSED AND APPROVED on Second Reading on the 24th day of May 2011.
ATTEST:
sica Brettle
y Secretary
APPROVED AS TO FORM:
Fiscal and Budgetary Policy Amendment
Qrcf n-a1
THE CITY OF GEORGETOWN:
By: George Garver
Mayor