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HomeMy WebLinkAboutOrdinances 19-09-404 - 09/23/2019 - Adopt FY 2020 BudgetSTATE OF GEORGIA FULTON COUNTY ORDINANCE NO. 19-09-404 AN ORDINANCE OF THE MAYOR AND COUNCIL OF THE CITY OF MILTON, GEORGIA, TO ADOPT THE FISCAL 2020 BUDGET FOR EACH FUND OF THE CITY OF MILTON, GEORGIA APPROPRIATING THE AMOUNTS SHOWN IN EACH BUDGET AS EXPENDITURES, ADOPTING THE SEVERAL ITEMS OF REVENUE ANTICIPATIONS, PROHIBITING EXPENDITURES TO EXCEED APPROPRIATIONS, AND PROHIBITING EXPENDITURES TO EXCEED ACTUAL FUNDING AVAILABLE. WHEREAS, the City Manager of the City of Milton has presented a proposed fiscal year 2020 Budget to the City Council on each of the various funds of the City; and WHEREAS, each of these budgets is a balanced budget, so that anticipated revenues equal proposed expenditures for each fund; and WHEREAS, the fiscal year 2020 budget provides a financial plan for the government, establishing appropriations for each operating department in order to extend services; NOW, THEREFORE BE IT ORDAINED that this budget, "Exhibit A" attached hereto and by this reference made a part hereof this ordinance shall be the City of Milton's fiscal year 2020 budget; and BE IT FURTHER ORDAINED that this budget be and is hereby approved and the several items of revenues shown in the budget for each fund in the amounts anticipated are adopted and that the several amounts shown in the budget for each fund as proposed expenditures are hereby appropriated to the departments named in each fund; and, BE IT FURTHER ORDAINED that the expenditures shall not exceed the appropriations authorized by this budget or amendments thereto provided; that expenditures for the fiscal year shall not exceed actual funding available. Page 1 of 2 ADOPTED AND APPROVED this 23,d day of September 2019. ouncil mtber Peyton Jamison L'I LG -,-� Councilmember Matt Kunz G � Councilmember La*a Bentley Attest: Sudie AM Gordon, City Clerk CITY OF MILTON, GEORGIA By: Maya oe Lockwood LJ _U2 (' (i Councilmember Carol Cooker) at b,senf Councilmember Joe Lonaoria Councilmember Pick Moh First Reading: September 9, 2019 First Public Hearing: September 9, 2019 Second Public Hearing: September 23, 2019 Adoption: September 23, 2019 Page 2 of 2