Resolution 79-80-10-05
RESOLUTION NO. 79- 80-10-5
A RESOLUTION REQUESTING THE NORTH TEXAS
MUNICIPAL WATER DISTRICT TO CHANGE ITS
FISCAL YEAR TO OCTOBER 1 AND TO ESTABLISH
RATES IN A TIMELY MANNER WITH THE NEW
FISCAL YEAR.
WHEREAS, the North Texas Municipal Water District Water System
currently has a fiscal year of January 1 through December 31
of each year;
WHEREAS, the majority of the Member Cities of the NTMWD have
October 1 through September 30 fiscal years which causes diffi-
culty in record keeping and comparible data;
WHEREAS, the establishment of the NTMWD Water Rate for a fiscal
year of January 1 through December 31 requires cities to budget
without an indication of what the rate will be for nine months
of the City's fiscal year.
NOW THEREFORE BE IT RESOLVED by the City Council of Wylie, Texas
that the North Texas Municipal Water District be requested to
change its fiscal year from January 1 through December 31 to a
period of time October 1 through September 30 to align its
financial operation with the majority of the Member Cities of
the NTMWD and in conjunction therewith to establish a system
to set rates for the water system on October 1 of each fiscal
year.
THIS RESOLUTION APPROVED IN A REGULAR MEETING OF THE CITY COUNCIL
ON THIS 9th DAY OF October
, 19 79
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MAYOR
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