Page 335 - Watauga FY22-23 Budget

NOW, THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF

WATAUGA, TEXAS:

I.

The City Council of the City of Watauga hereby adopts the Capital Outlay Plan( COP)

for FY2023- 2027, a copy of which is attached hereto as Exhibit A.

II.

Funded assets approved during the Fiscal Year 2022- 2023 will be consistent with the

approved COP. Any expenses substantively deviating from those authorized in the COP will

require an amendment of the COP approved by the City Council.

III.

All ordinances appropriating funds for assets included in the approved or amended COP

will include information citing the COP asset along with appropriate financial accounting

information.

IV.

This Ordinance shall be and is hereby cumulative of all other Ordinances of the City of

Watauga, Texas, and this Ordinance shall not operate to repeal or affect any such other Ordinances

except insofar as the provisions thereof might be inconsistent or in conflict with the provisions of

this Ordinance, in which event, such conflicting provisions, if any, in such other Ordinance or

Ordinances are hereby repealed.

V.

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