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ORDINANCE NO. ___ AN ORDINANCE OF THE CITY OF MONTGOMERY, TEXAS ADOPTING AN OPERATING BUDGET FOR THE FISCAL YEAR 20232024.THIS BUDGET WILL RAISE MORE TOTAL PROPERTY TAXES THAN LAST YEAR\'S BUDGET
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The annual budget of Montgomery is a financial plan that outlines how the city's funds will be allocated for the upcoming fiscal year.
The city officials, specifically the Mayor and the City Council, are required to prepare and file the annual budget of Montgomery.
The annual budget of Montgomery is typically filled out by the city's finance department in collaboration with various city departments and officials.
The purpose of the annual budget of Montgomery is to ensure transparency in financial decision-making, allocate resources effectively, and prioritize spending based on the city's needs.
The annual budget of Montgomery must include revenue projections, expenditure forecasts, allocations for various city departments and programs, and a breakdown of any proposed tax increases or decreases.
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