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HomeMy WebLinkAbout83-74 - Fiscal Year 1983-84 BudgetRESOLUTION NO. 83 -74 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH ADOPTING THE BUDGET FOR THE 1983 -84 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 1983 -84 Fiscal Year; and WHEREAS, the City Council has reviewed said preliminary 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 public hearing on said preliminary budget on June 13, 1983, 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 by the City Council of the City of Newport Beach that the budget of the City of Newport Beach for the 1983 -84 Fiscal Year as revised by the City Council is hereby adopted. The total approved appropriation of $51,084,935 has been allocated to the following funds in the amounts hereinafter shown. • Arterial Highway Financing Project Fund -0- 365,000 365,000 Tide and Submerged Lands Fund 542,530 2,607,745 3,150,275 Contributions Fund -0- 3,238,500 3,238,500 Building Excise Tax Total Fund Operating Capital Improve- Approved Water Fund Budget ment Buffet Budget Marinapark Fund 55,860 -0- General Fund $27,674,375 $ 3,865,960 $31,540,335 Park and Recreation Fund 2,236,410 578,490 2,814,900 Library Fund 1,491,230 -0- 1,491,230 • Federal Revenue Sharing Fund -0- 528,465 528,465 State Gas Tax Fund (Section 2107) -0- 869,800 869,800 State Gas Tax Fund (Section 2106) -0- 475,270 475,270 Arterial Highway Financing Project Fund -0- 365,000 365,000 Tide and Submerged Lands Fund 542,530 2,607,745 3,150,275 Contributions Fund -0- 3,238,500 3,238,500 Building Excise Tax Fund -0- 525,725 525,725 Water Fund 4,985,075 1,044,500 6,029,575 Marinapark Fund 55,860 -0- 55,860 $36,985,480 $14,099,455 $51,084,935 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 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 27th day of June, 1983. • ATTE T: ayor City Clerk