Page 1 - CityofEulessFY26AdoptedBudgetOrdinance2432
P. 1

Filed
                                                                                                 Tarrant County Clerk
                                                                                                  1:31 pm, Sep 15 2025
                                                                                                Mary Louise Nicholson
                                                                                                    County Clerk
                                                  ORDINANCE      NO.  2432                    by       ngorena

                       AN   ORDINANCE        ADOPTING       THE    OFFICIAL     OPERATING        AND
                       CAPITAL    BUDGET    FOR THE CITY OF EULESS         FOR THE FISCAL YEAR
                       BEGINNING     OCTOBER      1,  2025,  AND ENDING     SEPTEMBER       30,  2026;
                       AMENDING       THE   BUDGET      FOR    THE   FISCAL     YEAR    BEGINNING
                       OCTOBER      1,  2024,  AND  ENDING    SEPTEMBER      30,  2025;  PROVIDING
                       FOR   THE   INVESTMENT       OF   FUNDS;    PROVIDING     A SEVERABILITY
                       CLAUSE;  AND PROVIDING         AN EFFECTIVE      DATE.

                       WHEREAS, the City Manager's recommended budget for the fiscal year beginning
               October 1,  2025,  and ending September 30,  2026,  was posted on the City' s website and
               filed in the office of the City Secretary of the City of Euless on July 18,  2025, updated July
               30,  2025,  and has been available to the citizens and the public for their inspection since;
               and

                       WHEREAS,  the FY2025- 2026 proposed         Budget,  on file in the office of the City
               Secretary as Exhibit A,  and incorporated herein for all purposes,  specifically sets forth
               each of the various funds for which      appropriations  are delineated,  and the estimated
               amount of money carried in the Budget for each of such funds;  and


                       WHEREAS,  the FY2025- 2026 proposed Budget includes,  by reference,  certain
               elements of the Capital Improvements      Program,  on file in the office of the City Secretary
               as Exhibit B,  which details planned capital improvement projects of the City that have
                been identified to -date and contains a statement proposing capital expenditures deemed
                necessary for undertaking during the next budget year and recommended provisions for
               financing and a list of capital projects which should be undertaken within the five next
               succeeding years; and


                       WHEREAS,  on August 12,  2025,  the Euless City Council held a public hearing on
               the proposed    Budget at which time all citizens and interested     persons were given an
               opportunity to be heard regarding the Budget;  and


                       WHEREAS,  notice of such public hearing on the Budget was duly published in
               accordance with law and at the conclusion of such hearing,  it was determined that such
                Budget should be adopted;  and


                       WHEREAS,  the City Council deems it to be in the best interest of the citizens to
               amend the FY2024- 2025 budget due to unforeseen         circumstances.


                       NOW,  THEREFORE,  BE IT ORDAINED            BY THE CITY COUNCIL        OF THE CITY
               OF EULESS,  TEXAS,  THAT:


                                                        SECTION    1.

                       The official Budget for the City of Euless for the fiscal year beginning October 1,
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