§ 8.10. Date of final adoption.
Latest version.
The budget shall be adopted no later than 15 days prior to the beginning of the fiscal year. Should the Council fail to adopt a new budget, the then-existing budget, together with its tax levying ordinance and its appropriation ordinance, shall be deemed adopted, on a month-to-month basis, for the ensuing fiscal year. Additional budget hearings may be held with proper notice (Section 8.06), until a budget is ultimately adopted.
(Rev. of 5-6-1995)
State law reference
Adoption of budget, V.T.C.A., Local Government Code § 102.007.