HomeMy WebLinkAbout7224 - Budget AdoptionLj
RESOLUTION NOo 7224
• A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF NEWPORT BEACH ADOPTING THE
BUDGET FOR THE 1970 -1971 FISCAL YEAR
•
WHEREAS, the City Manager of the City of Newport
Beach has prepared and submitted to the City Council a pre-
liminary annual budget for the fiscal year 1970 -1971; and
WHEREAS, the City Council has reviewed said pre-
liminary budget, determined the time for the holding of a
public hearing thereon, 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 15 , 1970, and has made
such revisions in the preliminary budget as it deemed
advisable; and
WHEREAS, all requirements of the City Charter re-
lating 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 1970 -1971
-1-
as revised by the City Council is hereby adopted. The total approved
appropriation of $ 12,370,480 has been allocated to the fol-
lowing funds in the amounts hereinafter shown:
TOTAL $ 9, 984,480 $ Z,386,000 $12,370,480
BE IT FURTHER RESOLVED that a copy of said approved budget,
certified by the City Clerk, shall be filed with the persons 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 inspec-
tion.
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 29th day of June, 1970.
ATTEST° M r-
Ckty Clerk THS.bl
6/25/70
Cr IED AS THE ORIG AL - 2
CL F THE CITY OF NEWNbA BLACH
Capital
Total
Operating
Improvement
Approved
Budget
Budget
Budget
General Fund
$ 7,209,710
$ 767,100
$ 7, 976, 810
Park & Recreation Fund
617,520
617,520
Library Fund
355,025
355,025
Retirement Fund
407,980
407,980
State Gas Tax Fund
(Sections 2106 and 2107)
471,400
471,400
State Gas Tax Fund
(AHFP)
157,500
157,500
Capital Improvement Fund
270,000
270,000
Building Excise Tax Fund
520,000
520,000
Water Bond I&R Fund
105,200
105,200
Water Fund
1,246,270
200,000
1,446,Z70
Marinapark Fund
42,775
42,775
TOTAL $ 9, 984,480 $ Z,386,000 $12,370,480
BE IT FURTHER RESOLVED that a copy of said approved budget,
certified by the City Clerk, shall be filed with the persons 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 inspec-
tion.
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 29th day of June, 1970.
ATTEST° M r-
Ckty Clerk THS.bl
6/25/70
Cr IED AS THE ORIG AL - 2
CL F THE CITY OF NEWNbA BLACH