HomeMy WebLinkAbout9121 - Budget Adoption4=
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RESOLUTION NO. 9121
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF NEWPORT BEACH ADOPTING THE BUDGET
FOR THE 1977 -78 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 1977 -1978; and
WHEREAS, the City Council has reviewed said prelim-
inary 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 (10) 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 (10) days prior to said
hearing; and
WHEREAS, the City Council has held a continued public
hearing on said preliminary budget on June 27, 1977, and has
made such revisions in the preliminary budget as it deemed
avisable; 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 by the City Council
of the City of Newport Beach that the budget of the City of
Newport Beach for the fiscal year 1977 -1978 as revised by the
City Council is hereby adopted. The total approved appropriation
of $24,492 ,89 0
has been allocated to the following
funds in the amounts hereinafter shown:
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BE IT FURTHER RESOLVED that a
certified by the City Clerk, shall be f
by the City Council to perform auditing
and a further copy shall be placed, and
office of the City Clerk where it shall
inspection.
copy of said approved budget,
fled with the persons retained
functions for the Council,
shall remain on file, in the
be available for public
BE IT FURTHER RESOLVED that the budget so certified shall
be reproduced and copies made available for the use of the public
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Total
Operating
Capital Improve-
Approved
Budget
ment Budget
Budget
General Fund
15,093,700
1,237,460
16,331,160
Park and Recreational
Fund
1,177,235
308,485
1,485,720
Library Fund
791,010
-0-
791,010
Retirement Fund
1,145,405
-0-
1,145,405
Federal Revenue Sharing Fund -0-
113,405
113,405
State Gas Tax Fund
(Sec. 2106)
-0-
599,600
599,600
State Gas Tax Fund
(Sec. 2107)
-0-
237,000
237,000
Arterial Highway Financing
Project Fund
-0-
265,000
265,000
Contributions Fund
-0-
15,400
15,400
Building Excise Tax Fund
-0-
321,090
321,090
Water Bond I & R Fund
91,465
-0-
91,465
Water Fund
2,580,650
474,000
3,054,650
Marinapark Fund
41,985
-0-
41,985
TOTAL:
20,921,450
3,571,440
24,49.2,890
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BE IT FURTHER RESOLVED that a
certified by the City Clerk, shall be f
by the City Council to perform auditing
and a further copy shall be placed, and
office of the City Clerk where it shall
inspection.
copy of said approved budget,
fled with the persons retained
functions for the Council,
shall remain on file, in the
be available for public
BE IT FURTHER RESOLVED that the budget so certified shall
be reproduced and copies made available for the use of the public
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and of departments, offices and agencies of the City.
• ADOPTED this 27th day of June , 1977.
ATTEST:
A,,,�) L,,,
City Clerk
RTIfIED AS RIGINAL --- - -- ........ - - .......
CITY CLERK OF THE CITY OF NEW T BEACH
DATE:
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JUN q 0 9977
yor Pro Tem
DDO /bc
6/21/77