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2007T41-Budget 07-08 ORDINANCE NO. 07-T-41 AN ORDINANCE APPROVING THE FISCAL YEAR 2007-2008 BUDGET FOR THE CITY OF SCHERTZ, TEXAS AND DECLARING AN EMERGENCY. WHEREAS, as required by the laws of the State of Texas and the City Charter, the budget has been prepared and submitted to the City Council with estimates of expenditures and revenues of all City Departments and activities for the fiscal year beginning October 1, 2007 and Ending September 30, 2008; and WHEREAS, notice of a public hearing upon said budget has been posted and legally published; and WHEREAS, a public hearing has been held and full and final consideration has been given regarding the budget; NOW THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY OF SCHERTZ, TEXAS: SECTION 1. THAT the budget of the City of Schertz, Texas, for the fiscal year beginning October 1, 2007 and ending September 30, 2008, an exact copy of which is marked "Exhibit A" and made a part hereof for all purposes the same as if it were copied in full herein, is hereby approved and adopted by the City Council for fiscal year 2007-2008. SECTION 2. THAT this Ordinance approving and adopting a budget for fiscal year 2007-2008 is in accordance with the terms and provisions of the laws of the State of Texas and the City Charter. SECTION 3. THAT the Council hereby determined that an emergency exists requiring immediate action, and this Ordinance is hereby passed as an emergency measure to be effective immediately upon its passage and the enactment of this Ordinance as an emergency measure in accordance with the provisions of Section 4.09 (e) of the City's Home Rule Charter will contribute to the preservation of the public peace, health, or safety. PASSED, APPROVED AND ADOPTED this the 25th day of ATTEST: