1968 Recommendations to Change Fiscal Year

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Section 35. Budget a public record. The budget and budget message and all supporting sched- ules shall be -a public record in the office of the city clerk open to public inspection by anyone. The mayor shall cause sufficient copies of the budget and budget message to be pM pared for distribution to interested persons.. Section 36. Publication of notice of public hearing. At the meeting of the commission at which the budget-afd budget' message are submitted, the commission shall deter- mine the place and time of the public hearing on the budget, and shall cause to be published a notice of the place and time, not less than seven (7) days after date of publication, at which the commission will hold a public hearing. Section 37. Public hearing on budget. At the time and place so advertised, or at any time and place to which such public hearing shall from time to time be adjourned, the commission shall hold a public hearing on the budget as submitted, at which all interested persona shall be given an opportunity to be heard, for or against the estimates or any item thereof. Section 38. Vote required for adoption. The budget shall be adopted by the favorable votes of at least a majority of all members of the whole commission. Section 39. Date of final adoption; failure to adopt. The budget shall be finally adopted not later than the 27th day of the last month of the fiscal year. Should the commis- sion take no final action on or prior to such day, the budget as submitted by the mayor shall be deemed to have been finally adopted by the commission. Section 40. Effective date of budget; certification; copies made available. Upon final adoption, the budget shall be in effect for the budget year. A copy of the budget, as finally adopted, shall be filed with the city clerk, the county clerk of Harris County, and the. state comptroller of public accounts in Austin. The final budget shall be printed, mimeographed or others re- produced and sufficient copies shall be made available for the use of all offices, departments and agencies, and for the use of interested persons and civic organizations. Section 41. Budget establishes appropriations. From the effective date of the budget, the several amounts stated therein as proposed expenditures shall be and become appropriated to the several objects and purposes therein named. Section 42. Budget establishes amount to be raised by prop- erty tax. From the effective date of budget, the amount stated there- in as the amount to be raised by property tax shall constitute a determination of the amount of the levy for the purposes of the city, in the corresponding tax year.