Knowledgebase-A Budget Continuance Ordinance

Information Product

Title:A Budget Continuance Ordinance
Summary:An ordinance to temporarily continue the fiscal year 2012 annual operating budget of the Town of Tracy City, Tennessee, for the fiscal year 2013.
Original Author:Darden, Ron
Product Create Date:06/04/2012
Last Reviewed on::06/15/2012
Subject:Budgets--Municipal ordinances; Budgets--Municipal--Tennessee
Original Document: Budget continuation ordinance.pdf

Reference Documents:

Text of Document: Ordinance No.____
A Budget Continuance Ordinance

Whereas, the town has not developed a FY 2012-2013 budget; and

Whereas, the town has outstanding indebtedness; and

Whereas, sufficient revenues are being collected to support the continuing appropriations; now

Therefore, Be It Ordained by the Board of Mayor and Aldermen of the Town of Tracy City, Tennessee as follows:

Section 1. The appropriations in FY 2011-2012 shall be the appropriations for FY 2012-2013 until the adoption of the new budget ordinance in accordance with TCA 6-56-210.

Section 2. The city recorder shall forward a copy of this ordinance to the State Comptroller of the Treasury requesting approval.

Section 3. This ordinance shall be effective upon its final passage.

Passed 1st and Final Reading this ___day of ______, 2012

_______________________________ ______________________________
Mayor Attest: City Recorder

Please remember that this ordinance was drafted based upon the drafting requirements and authority granted to a particular city or town in its charter and in general law. These drafting requirements and the authority exercised in this ordinance might not apply to your city or town.

Please confer with your city attorney or an MTAS legal consultant, or both, before using this ordinance as a model.