|Original Document: |
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