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HomeMy WebLinkAboutRes 2016-07RESOLUTION 2016-07 A RESOLUTION OF THE MAYOR AND COUNCIL OF THE TOWN OF FOUNTAIN HILLS,ARIZONA,APPROVING THE FINAL BUDGET FOR THE TOWN OF FOUNTAIN HILLS FOR THE FISCAL YEAR BEGINNING JULY 1,2016 AND ENDING JUNE 30,2017. WHEREAS,in accordance with the provisions of Title 42,Chapter 17,Arizona Revised Statutes (the "Applicable Law"),the Mayor and Council of the Town of Fountain Hills (the "Town Council")did, on May 5,2016,prepare (i) a full and complete statement of the Town's financial affairs for the preceding fiscal year, (ii) an estimate of the different amounts that will be required to meet the Town's public expense for the current fiscal year, including all of the items prescribed by Ariz.Rev.Stat.§42-17102 and (iii) a summary schedule of estimated expenditures and revenues,which was prepared according to forms supplied by the Auditor General and entered in the Town Council's minutes;and WHEREAS,in accordance with the Applicable Law,and following due public notice,the Town Council met on May 5,2016,at which meeting any taxpayer was provided the opportunity to appear and be heard in favor of or against any proposed expenditure or tax levy;and WHEREAS,publication has been duly made as required by law,of said estimates together with a notice that the Town Council would meet on June 2,2016,at the Fountain Hills Town Council Chambers,for the purpose of hearing taxpayers and with respect to said estimate or any proposed expenditure or tax levy. 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 budget of the Town of Fountain Hills,Arizona,for the fiscal year July 1,2016 through June 30,2017. SECTION 3. 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 of this Resolution. [SIGNATURES ON FOLLOWING PAGE] 2674970.1