Res 2199 8/1/1978RESOLUTION NO. ,e/99-
RESOLUTION ADOPTING A POLICY TO REQUIRE THE
PREPARATION OF A FISCAL NOTE TO BE ATTACHED
TO ALL PIECES OF LEGISLATION COMING BEFORE
THE BOARD OF ALDERMEN WHICH HAVE FISCAL
IMPLICATIONS.
WHEREAS, many policy issues considered by the Board of Aldermen have
revenue, expenditure and other fiscal implications; and,
WHEREAS, the Board of Aldermen and public should be fully aware of such
fiscal implications of proposed policies prior to the consideration of them;
NOW THEREFORE BE IT RESOLVED BY THE BOARD OF ALDERMEN OF
THE CITY OF WICHITA FALLS, TEXAS, THAT:
1.It is hereby declared to be a continuing policy of the City of
Wichita Falls that a fiscal note be required to be attached to all pieces
of legislation coming before the Board of Aldermen which have fiscal
implications; and
2.Such fiscal note shall be prepared by the appropriate department
or division of the City; and
3.The fiscal note should contain the following information:
a. Total probable cost of administering or enforcing the legis-
lation.
b. Probable costs for personnel, goods, services and capital
outlay to carry out the legislation.
c. Amount of revenue that would be raised or lost as a result
of the legislation.
d. Funding sources which would be utilized to meet any differ-
ence between revenue and expenditures in carrying out the legis-
lation; i.e. , local, state, federal funds, etc.
e. Would the legislation affect the expenditures of other govern-
mental agencies or entities; and
4.The fiscal note shall be prepared for fiscal implications during
each of two years following the effective date of the legislation.
PASSED, APPROVED AND ADOPTED ON THIS THE day of
1978.
OAK
MAYOR
ATTEST:
CIT CLE K