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ORDINANCE NUMBER 623ORDINANCE NUMBER 623
AN ORDINANCE ADOPTING THE ANNUAL BUDGET FOR THE CITY OF GRANITE SHOALS, TEXAS, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2013 AND ENDING SEPTEMBER 30, 2014; PROVIDING APPROPRIATIONS FOR EACH DEPARTMENT AND FUND; ESTABLISHING A DEPARTMENTAL LEVEL BUDGET WITH LINE ITEMS AS SUPPORTING DATA RATHER THAN BEING A LINE ITEM BUDGET; AND PROVIDING AN EFFECTIVE DATE.
NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF GRANITE SHOALS, TEXAS:
This budget will raise more revenue from property taxes than last year’s budget by an amount of $155,446, which is an 8.56% increase from last year’s budget. The property tax revenue to be raised from new property added to the tax roll this year is $13,515.
PASSED AND APPROVED by the City Council of Granite Shoals, Texas at a meeting on the 10th day of SEPTEMBER, 2013, at which a quorum was present and for which due notice was given.
Dennis A. Maier, Mayor
Elaine Simpson, City Secretary
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