CITY OF THRALL ORDINANCE NO. 2024-9-2 AN ORDINANCE MAKING APPROPRIATIONS FOR THE SUPPORT OF THE CITY OF THRALL FOR THE FISCAL YEAR OCTOBER 1, 2024 THROUGH SEPTEMBER 30, 2025 AND ADOPTING THE ANNUAL BUDGET OF THE CITY OF THRALL FOR THE 2024 FISCAL YEAR; PROVIDING FOR A PUBLICATION CLAUSE, SEVERABILITY WHEREAS, the budget for the fiscal year October 1, 2024 through September 30, 2025, was duly presented to the City Council and a public hearing was ordered by the City Council and al public notice ofs said hearing was caused to be given by the City Council and said public hearing CLAUSE, AND OPEN MEETING CLAUSE. was held according to said notice. CITY OF THRALL, TEXAS: NOW' THEREFORE, BE IT ORDAINED BY THE CITY COUNCIL OF THE SECTIONI. That the appropriations for the fiscal year October 1,2024 through September 30, 2025 for the support oft the general government of the City ofThrall be fixed and determined for said terms in accordance with the expenditures shown in the City's 2024 fiscal year budget, a summary of which is appended hereto as Exhibit A. SECTIONII. That the budget, as shown in words and figures in Exhibit A, is hereby approved in all respects and adopted as the City's budget for the fiscal year October 1, 2024 through September 30, 2025. SECTION III. That there is hereby appropriated the amount shown in said budget the required funds to provide for a Interest and Sinking Fund for the payment of the principal and interest and the retirement oft the bonded debt ofs said City. SECTIONIV.I Publication Clause The City Secretary of the City of Thrall is hereby authorized and directed to publish the caption oft this ordinance in the manner and for the length oft time prescribed by law. SECTION V.S Severability Clause The provisions ofthis ordinance are severable, and ifany sentence, section, or other parts of this ordinance should be found to be invalid, such invalidity shall not affect the remaining provisions, and the remaining provisions shall continue in full force and effect. Ordinance No. 2024-9-2 Adopting 2024-2025 Fiscal Year Budget Page 1 of3 SECTION VI. Repealing Clause All ordinances and resolutions and parts thereofin conflict herewith are hereby expressly repealed insofar as they conflict. SECTION VII. Open Meeting Clause The City Council hereby finds and declares that written notice oft the date, hour, place, and subject oft the meeting at which this ordinance was adopted was posted and that such meeting was open tot the public as required by law at all times during which this ordinance and the subject hereof were discussed, considered, and formerly acted upon, all as required by the Open Meetings Act, Chapter 551, Texas Government Code, as amended. SECTION VIII. This ordinance shall take effect and be in force from and after its] passage. READ, APPROVED and ADOPTED on this 4th day of September 2024 CITY OFTHRALL,TEXAS 373 7 OIR (SEAL) a Ordinance No. 2024-9-2 Adopting 2024-2025 Fiscal Year Budget Page 2of3 CITY OF THRALL ORDINANCE NO. 2024-9-2 RECORD VOTE MAYOR MARX YES VNO ABSTAIN ABSENT YES VNO ABSTAIN ABSENT YES VNO ABSTAIN ABSENT COMMISSIONER MARTIN COMMISSIONER KARCH LAST YEAR'S RATE: THIS YEAR'S RATE: 0.403332 0.420931 0.373852 0.256548 0.409387 0.277071 0.277071 THIS YEAR'S NO NEW REVENUE RATE: MAINTENANCE & OPERATIONS RATE: VOTER APPROVAL RATE: DEBT RATE: MUNICIPAL DEBT OBLIGATION: Ordinance No. 2024-9-2 Adopting 2024-2025 Fiscal Year Budget Page 3 of3 EXHIBIT "A" CITY OF THRALL 2024-2025 APPROVED BUDGET Cuyat THRALL "This budget will raise more total property taxes than last year's budget by $43,414.00, 12.642%, and of the amount $169.41 is tax revenue to be raised from new property 2024-2025 added to the tax roll this year." Fiscal Year Budget APPROVED WEBSITE: www.ctlyfhral.com EMAIL: chyderx@dtyprtnral.com w 5 3 ufjjun u 3