R24-05-14 FY24-25 Final Budget
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RESOLUTION NO. R24-05-14 A RESOLUTION OF THE MAYOR AND COUNCIL OF THE CITY OF EL MIRAGE, MARICOPA COUNTY, ARIZONA, APPROVING AND ADOPTING THE SPENDING LIMITATION AND THE BUDGET FOR FISCAL YEAR 2024-2025. WHEREAS, in accordance with the provisions of Arizona Revised Statutes (A.R.S), 42- 17101 through 42-17110, inclusive, the City Council of the City of El Mirage did make and approve tentative estimates for Fiscal Year 2024-2025 of the different amounts required to meet the public expenditures, an estimate of revenues from sources other than direct taxation, and the amount to be raised by taxation upon real and personal property of the City of El Mirage; and WHEREAS, in accordance with A.R.S. §§ 42-17103 and 42-17104, on the 10th of May and the 17th of May 2024, the City published in the Daily Independent the tentative estimates of expenditures and revenues approved by the City Council on the 7th of May 2024; and, WHEREAS, in accordance with A.R.S. §§ 42-17104 and 42-17108, the City of El Mirage has complied with the publication of the Truth in Taxation notification requirements; and, WHEREAS, in accordance with A.R.S. §§ 42-17104 and 42-17108, the Council of the City of El Mirage will hold a special meeting and public meeting on May 21, 2024 at 6:00 p.m., in the El Mirage City Council Chambers at 10000 N. El Mirage Road, El Mirage, Arizona, and that all interested citizens are invited to attend and are afforded the right to be heard in favor or against the proposed expenditures, tax levy and tax increase; and, WHEREAS, the estimate of expenditures approved by the City Council on the 7th of May 2024, and as published on the 10th of May and the 17th of May 2024, has not increased. NOW, THEREFORE, BE IT RESOLVED, by the City Council of the City of El Mirage that the estimates of revenues and expenditures shown on the accompanying schedules are hereby adopted as the final estimates of proposed expenditures and revenues and shall constitute the Spending Limitation and Budget for the City of El Mirage for Fiscal Year 2024-2025. PASSED AND ADOPTED by the City Council this 21st day of May 2024 Alexis Hermosillo, Mayor ATTEST: APPROVED AS TO FORM: Sharon Antes, City Clerk Justin Pierce, City Attorney