Resolution 2006-09
RESOLUTION NO 2006-09(R)
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
WYLIE, TEXAS, AMENDING THE CURRENT FINANCIAL
MANAGEMENT POLICIES ADOPTED ON NOVEMBER 17,
2005.
WHEREAS, the Financial Management Policies requires the city to present budget
reports to City Council on a quarterly basis; and
WHEREAS, the City Charter requires the city to present budget reports to City Council
on a monthly basis; and
WHEREAS, the City Council desires to update its Financial Management Policies to
reflect the City Charter requirements of monthly budget reports.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
WYLIE:
Section 1: That the city's Financial Management Policies, Section N (D) is thereby
amended to read:
(D) Reporting- Periodic budget reports will be prepared to enable the department
managers to manage their budgets and to enable the Budget Officer to monitor and control the
budget as approved by the City Council. Summary budget reports will be presented to the City
Council on the first formal Council meeting each month. Such reports will include current year
revenue and expenditure projections.
DULY PASSED AND ADOPTED by the City Council of the City of Wylie, Texas this
14th day of March, 2006.
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ATTEST:
Resolution No. 2006-09(R)
Amendment of Financial Policy