Loading...
HomeMy WebLinkAboutRes 2016-06RESOLUTION 2016-06 A RESOLUTION OF THE MAYOR AND COUNCIL OF THE TOWN OF FOUNTAIN HILLS,ARIZONA,SETTING FORTH THE TENTATIVE BUDGET AND ESTABLISHING THE MAXIMUM BUDGET AMOUNT FOR THE TOWN OF FOUNTAIN HILLS FOR FISCAL YEAR 2016-2017. WHEREAS,pursuantto the provisions of the laws of the State of Arizona, the Mayor and Council of the Town of Fountain Hills (the "Town Council") is required to adopt a budget; and WHEREAS,in accordance with Ariz.Rev.Stat.§42-17102,the Town Manager has prepared and filed with the Town Council the Town Manager's Budget estimates for the fiscal year beginning July 1,2016 and ending June 30,2017. NOW,THEREFORE,BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE TOWN OF FOUNTAIN HILLS,as follows: SECTION 1.The recitals above are hereby incorporated as if fully set forth herein. SECTION 2.The statements and schedules attached hereto as Exhibit A and incorporated herein by reference are hereby adopted as the Town's official tentative budget for the fiscal year beginning July 1,2016 and ending June 30,2017,including the establishment of the maximum budget amount for such fiscal year in the amount of $34,298,778. SECTION 3.Upon approval of the Town Council,the Town Manager or designee shall publish in the official Town newspaper once a week for two consecutive weeks (i) the official tentative budget and (ii) a notice,in the form attached as Exhibit B and incorporated herein by reference,of the public hearing of the Town Council to hear taxpayers and make tax levies at designated times and places.The notice shall include the physical addresses of the Fountain Hills Town Hall,the Fountain Hills branch of the Maricopa County Library and the Town website where the tentative budget may be found. SECTION 4.The Town Manager or designee shall, no later than seven business days after the date of this Resolution,(i)make available at the Fountain Hills Town Hall and the Fountain Hills branch of the Maricopa County Library a complete copy of the tentative budget, and (ii) post the tentative budget in a prominent location on the Town's website. SECTION 5. The Mayor, the Town Manager, the Town Clerk and the Town Attorney are hereby authorized and directed to take all steps necessary to carry out the purpose and intent ofthis Resolution. [SIGNATURES ON FOLLOWING PAGE] 2657762.4