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HomeMy WebLinkAbout7020 - Adopting the Budget• RESOLUTION NO. 7020 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH ADOPTING THE BUDGET FOR THE 1969 -1970 FISCAL YEAR WHEREAS, the City Manager of the City of Newport Beach has prepared and submitted to the City Council a preliminary annual budget for the fiscal year 1969 -1970; and WHEREAS, the City Council has reviewed said preliminary budget, determined the time for the holding of a public hearing hereon, and caused a notice of said hearing to be published not less than ten days prior thereto in the official newspaper of the City, and copies of the proposed budget were made available for inspection by the public in the office of the City Clerk at least ten days prior to said hearing; and WHEREAS, the City Council has held a public hearing on said preliminary budget on June 16 , 1969, and has made such revisions in the preliminary budget as it deemed advisable; and WHEREAS, all requirements of the City Charter relating to the preparation and consideration of the annual budget have been complied with; NOW, THEREFORE, BE IT RESOLVED that the budget of the City of Newport Beach for the fiscal year 1969 -1970 as revised by the City Council is hereby adopted, The total approved -I- �s appropriation of $11 008,155 has been allocated to the following funds in the amounts hereinafter shown: General Fund Park & Recreation Fund Library Fund Retirement Fund State Gas Tax Fund (Section 2106) State Gas Tax Fund (Section 2107) Capital Improvement Fund Building Excise Tax Fund Water Bond I&R Fund Water Fund Marinapark Fund Operating Budget Capital Improvement Budget $ 6,436,655 $ 788,455 568,945 311,450 389,180 107,825 1,039,785 40,960 14.700 400,180 156,520 140,000 475,000 138,500 Total Approved Budget $ 7.225,110 5831.645 311,450 389.180 400,180 156,520 140,000 475,000 107,825 1,178,285 40,960 TOTAL $ 8,894,800 $2,113,355 $111008,155 BE IT FURTHER RESOLVED that a copy of said approved budget, certified by the City Clerk, shall be filed with the person retained by the City Council to perform auditing functions for the Council, and a further copy shall be placed, and shall remain on file, in the office of the City Clerk where it shall be available for public inspection. BE IT FURTHER RESOLVED that the budget so certified shall be reproduced and copies made available for the use of the public and of departments, offices and agencies of the City. ADOPTED this 23rd day of J 1969. • ATTEST- Mayor City Clerk THS :mh C O �A� '2' 6/23/69 E�fFIED d5 THE 1 dlW O F T HE CI `OF N!, F T BEACH PADS v/ --Ad::: ........._...