HomeMy WebLinkAboutORDINANCE NO. 06-11-03ORDINANCE NO. 06-11-03
STATE OF GEORGIA
COUNTY OF FULTON
AN ORDINANCE TO SET AND ADOPT THE FISCAL YEAR FOR THE CITY OF
MILTON, GEORGIA AS OCTOBER 1 THROUGH SEPTEMBER 30,
AND FOR OTHER PURPOSES
WHEREAS, the City of Milton is required by law to annually adopt a budget to guide and direct its
receipt of revenues and expenditures; and
WHEREAS, authorizing legislation set forth by the State of Georgia in House Bill 1470 outlined in
Article V, Finance, Section 6.22, Accounting and Budgeting, signed by the Governor on March 29,
2006, requires that the City Council shall set the fiscal year by ordinance; and
WHEREAS, for financial and fiscal planning the City has studied options regarding the fiscal year
and has determined that the October 1 through September 30 time period provides the most
conducive annual cycle; and
WHEREAS, this Ordinance was first read on November 14, 2006.
NOW, THEREFORE, COUNCIL OF THE CITY OF MILTON HEREBY ORDAINS THAT:
By passage of this ordinance, the City of Milton adopts as its fiscal year October 1 through September
30.
This ordinance shall be effective immediately upon its adoption.
PASSED AN APPROVED this 21St day of November, 2006.
Attest:
ll�
)eadette R. Marchiafava, City Clerk
(Seal)
Approved as to Form and Content:
City Attorney
Approved:
Joe Lockwood, o
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