Page 1 - CityofLakeWorthFY25AdoptedBudget

Filed September 19, 2024 9:06 A.M.

Tarrant County Clerk's Office

Mary Louise Nicholson, County Clerk

ORDINANCE NO. 1290

AN ORDINANCE OF THE CITY OF LAKE WORTH, TEXAS; APPROVING

AND ADOPTING THE BUDGET FOR THE FISCAL YEAR BEGINNING

OCTOBER 1, 2024, AND ENDING SEPTEMBER 30, 2025 AND MAKING

APPROPRIATIONS FOR EACH DEPARTMENT, PROJECT AND

ACCOUNT; REPEALING CONFLICTING ORDINANCES; PROVIDING A

SEVERABILITY CLAUSE; AND DECLARING AN EFFECTIVE DATE.

WHEREAS, the City of Lake Worth, ( hereinafter referred to as the ty"), is a

Home Rule municipality located in Tarrant County, created in accordance with the

provisions of Chapter 9 of the Local Government Code and operating pursuant to the

enabling legislation of the State of Texas; and

WHEREAS, the City Manager of the City submitted a budget proposal to the City

Council prior to the beginning of the fiscal year, and in said budget proposal set forth the

estimated revenues and expenditures; and

WHEREAS, the City Manager has filed with the City Secretary a budget outlining

all proposed expenditures of the government of the City for the fiscal year beginning

October 1, 2024, and ending September 30, 2025, ( hereinafter referred as the "Budget");

and

WHEREAS, the Budget and Tax Rate Calculation worksheet, a copy of both is

attached hereto as Exhibit "A" and incorporated herein for all purposes, specifically sets

forth each of the various projects for which appropriations are delineated and the

estimated amount of money carried in the Budget for each of such projects; and

WHEREAS, the Budget was filed with the City Secretary at least fifteen ( 15) days

before the public hearing was held on the Budget and at least thirty (30) days before the

date the City Council makes its tax levy for the fiscal year and such Budget has been

available for inspection by any taxpayer; and

WHEREAS, the public notice of a public hearing on the proposed Budget, stating

the date, time, place and subject matter of said public hearing, was given as required by

the laws of the State of Texas, and

WHEREAS, such public hearing was held and those wishing to speak on the

Budget were heard and were provided an opportunity to present their views on the

proposed Budgets and

WHEREAS, the City Council has studied the Budget and listened to the comments

of the taxpayers at the public hearing held therefore and has determined that the Budget

attached hereto is in the best interest of the City and that same should be approved and

adopted.