HomeMy WebLinkAboutORD 2025-52 - Annual Operating Budget FY 2026WHEREAS, the City Council has reviewed all priorities, goals, and strategies to be
f ncluded in, the Annual Budget for the upcoming fiscal year; and
WHEREAS, the City Council has received the Proposed Budget and a copy of such
Proposed Budget, and all supporting schedules have been filed with the City Secretary of the
City of Georgetown; and
WHEREAS, in accordance with Section 102.006 of the Texas Local Government Code, a
public hearing was held on August 26, 2025, concerning such Proposed Budget, providing an
therein; and
11tiNEREAS, the City Council of the City of Georgetown has determined that the
Proposed Budget should be approved and adopted as the City's Annual Budget for the ensuing
fiscal year;
NOW, THEREFORE ' BE IT ORDAINED BY THE CITY COUNCIL OF THE CITY
OF GEORGETOWN, TEXAS, THAT:
SECTION 1. The facts and recitations contained in the preamble of this ordinance are
hereby found and declared to be true and correct, and are incorporated by reference herein and
expressly made a part hereof, as if copied verbatim.
Ordinance No. 1pzk:�5 ?— Page 1 of 3
Description: Adopting 2026 Annual Budget
Date Approved: a+"&6d—q 17.60
SECTION 2. The Annual Budget of the revenues of the City of Georgetown and
expenses of conducting the affairs thereof, providing a financial plan for the ensuing fiscal year
beginning October 1, 2025, and ending September 30, 2026, as submitted to the City Council by
the CAA Maria er of said CiL'%v and the same is in all things adoryted a F�fj -
All -Funds Summary, incorporated by reference herein.
SECTION 3. The amounts indicated for the following funds are hereby appropriated for
payments of expenditures and payments of the individual funds:
General Fund
122,458,768
Special Revenue Funds
48,995,795
Capital Projects
110,995,529
General Debt Service
49,578,854
Electric Services
191,802,294
Water Services
719,538,290
Other Enterprise Funds
34,890,021
1 nternai Service Funds
84,983,650
Total Expense
1,363,243,201
SECTION 4. Adoption of t is or•inance orizes e C ty Manager to transfer monies
set aside for salary adjustments in the various operating funds to departments as needed for these
purposes.
MIJ Igo 101WIVA 19 in 101 KWVJ L1111MI 161W�1400 I Lim m I - It $ 4 0 -
SECTION 6. If any provision of this Ordinance or application thereof to any person or
circumstance shall be held invalid, such invalidity shall not affect the other provisions, or
application thereof, of this Ordinance which can be given effect without the invalid provision or
application, and to this end the provisions of this Ordinance are hereby declared to be severable.
SECTION 7. The Mayor is hereby authorized to sign this Ordinance and the City
Secretary to attest. This Ordinance shall become effective in accordance with the City Charter of
the City of Georgetown, Texas.
Ordinance No. 2p?,5 -5 7- Page 2 of 3
Description: Ad 11 2026 Annual Bud
Date Approved: IFMO I M
Skye Masson
City Attorney
OrdinanceNo. ZOZ5-5& Page 3 01
Description: Ado Ong 2026 Annual Budget