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04-14-12 Special Meeting of La Porte City Council (council retreat)
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04-14-12 Special Meeting of La Porte City Council (council retreat)
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La Porte TX
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Agenda PACKETS
Date
4/14/2012
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PARTI-CHARTER <br />CHARTER COMPARATIVE TABLE <br />city in all litigation. He shall be the legal advisor of, and attorney and counsel for, the city and all offices <br />and departments thereof. <br />ARTICLE IV. - BUDGET [31 <br />(3) State Law reference— Budgets, V.T.C.A., Local Government Code § 102.001 et seq. <br />4.01. - Preparation and submission of budget <br />4.02. -Availability of proposed budget. <br />4.03. - Budget adoption. <br />4.04. - Public record. <br />4.05. - Effect of approved budget <br />4.06. - Fiscal year defined. <br />4.01. - Preparation and submission of budget <br />At least forty-five (45) days prior to the beginning of each fiscal year, the city manager shall submit to <br />council a proposed budget with required attachments. For such purpose, at such date as he shall <br />determine, he shall obtain from the head of each office, department or agency estimates of revenue <br />and expenditures of that office, department or agency, detailed by organization units and character and <br />object of expenditure, and such other supporting data as he may request. In preparing the budget, the <br />city manager shall review the estimates, may hold hearings thereon and may revise the estimates, as <br />he may deem advisable. <br />a. Contents of budget. The budget shall provide a complete financial plan for the fiscal year. It <br />shall contain the following: <br />1. A consolidated statement of receipts and expenditures for all funds <br />2. An analysis of property valuations. <br />3. An analysis of tax rate. <br />4. Tax levies and tax collections by years for at least ten (10) years or for a number of <br />years for which records are available. <br />5. A detailed listing of the resources of each fund. <br />6. A summary of proposed expenditures within such funds by department, function and <br />classification. <br />7. A revenue and expense statement for all outstanding bonded debt. <br />8. A schedule of principal and interest on each issue of outstanding bonds showing rate of <br />interest, maturity dates and amount outstanding. <br />Page 14 of 32 La Porte, Texas, Code of Ordinances <br />
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