CITY OF EL CENIZO
2024 Tax Rate Calculation Worksheet
FY 2024-2025 - PROPOSED​
FY 2019-2020
No budget filed by the E.D. Adm.​
FY 2021-2022
No budget filed by the E.D. Adm.
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FY 2022-2023
No budget filed by the E.D. Adm.
Key Provisions of Chapter 102:
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Annual Budget Preparation:
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The governing body of a Type C General Law City is required to prepare an annual budget that details the planned expenditures and expected revenues for the upcoming fiscal year.
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Public Hearing and Notice:
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Before adopting the budget, the city must hold a public hearing, allowing citizens to express their views.
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Notice of the hearing must be published in a local newspaper at least 10 days before the hearing.
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Budget Adoption:
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The budget must be adopted by ordinance or resolution, and it should detail all planned municipal expenditures.
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The adopted budget serves as the city's financial plan for the year, and it authorizes the expenditure of funds.
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Amendments:
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The budget can be amended after adoption, but the amendments must also be approved by the governing body.
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Fiscal Responsibility:
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The city must ensure that expenditures do not exceed revenues, promoting fiscal responsibility.
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The governing body is required to maintain a balanced budget.
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Public Record:
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The adopted budget must be filed with the city secretary and made available for public inspection.
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Additional Notes:
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The purpose of these provisions is to ensure transparency, accountability, and public involvement in the financial planning of Type C General Law Cities.
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The code emphasizes the need for prudent financial management to sustain municipal operations and services.
This chapter ensures that the city's budget is prepared and adopted in a manner that promotes fiscal responsibility and transparency, with an emphasis on public participation.