HomeMy WebLinkAbout8001 - Budget Adoptionffti_"
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RESOLUTION NO. 8001
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF NEWPORT BEACH ADOPTING THE BUDGET
FOR THE 1973 -1974 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 1973 -1974; 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 11, 1973, 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 by the City Council
of the City of Newport Beach that the budget of the City of
Newport Beach for the fiscal year 1973 -1974 as revised by
the City Council is hereby adopted. The total approved
appropriation of $17,507,315.00 has been allocated to
the following funds in the amounts hereinafter shown:
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General Fund
Park & Recreation Fund
Library Fund
Operating
Budget
$ 9,659,425
799,900
498,585
Capital
Improvement
Budget
$ 973,525
Total
Approved
Budget
10,632,950
799,900
498,585
Retirement Fund
621,710
621,710
State Gas Tax Fund
(Section 2106)
574,500
574,500
State Gas Tax Fund
(Section 2107)
256,500
256,500
Arterial Highway Financing
Project Fund
425,500
425,500
Contributions Fund
65,000
65,000
Capital Improvement
Fund
919,500
919,500
Building Excise Tax
Fund
406,470
4065470
Water Bond I &R Fund
97,325
973325
Water Fund
1,6639485
518,000
2,181,485
Mari napark Fund,
27,890
27,890
TOTAL
$ 13,368,320
$ 4,138,995
$17,507,315
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 func-
tions 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 11th day of June , 1973.
Mayor
ATTEST:
6a+�a k/ /ag two
City Clerk
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MY CLERIC OF -THE CHYOF NE T REACH 6/11/73
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�yR1 5 1973