HomeMy WebLinkAbout89-65 - Adopting Fiscal Year 1989-90 BudgetRESOLUTION NO. 89 -65
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
NEWPORT BEACH ADOPTING THE BUDGET FOR THE
1989 -90 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 1989 -90 Fiscal Year;
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 hereto 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 12, 1989, 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 1989 -90 Fiscal Year as revised by the City Council is hereby
adopted. The total approved appropriation
of $96,894,235 has been
allocated to the following
funds in the amounts
hereinafter
shown.
Capital
Total
Operating
Improvement
Approved
Budget —
Budget
Budget
General Fund
$43,200,305
$12,902,175
$56,102,480
Park and Recreation Fund
3,738,005
1,845,695
5,583,700
Library Fund
2,621,735
2,621,735
1
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
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 _26th day of June, 1989.
• Mayor
ATTEST:
v
City Clerk
Capital
Total
Operating
Improvement
Approved
Budget_
Budget
Budget
Federally Adopted
Forfeiture Fund
$ 670,000
$
$ 670,000
Scholarship Fund
1,650
1,650
Development
226,935
226,935
•Community
Block Grant
Federal Revenue
Sharing Funds
14,080
14,080
State Gas Tax Fund
(Section 2107)
1.607,800
1,607,800
State Gas Tax Fund
(Section 2106)
1,630,145
1,630,145
Arterial Highway Financing
Project Fund
700,000
700,000
Tide and Submerged
Lands Fund
751,445
611,575
1,363,030
Contributions Fund
14,947,755
14,947,755
Circulation & Transportation
Fund
995,000
995,000
building Excise Tax Fund
315,275
315,275
Water Fund
7,055,455
2,834,475
9,889,930
Marina Park Fund
60,395
60,395
Cannery Village Fund
_
164.325
164,325
$58,099,000
$38,795,235
$96,894,235
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
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 _26th day of June, 1989.
• Mayor
ATTEST:
v
City Clerk