HomeMy WebLinkAbout12 - 07-08 Budget and Appropriation Limit HearingCITY OF NEWPORT BEACH
CITY COUNCIL STAFF REPORT
Agenda Item No. 12
May 22, 2007
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: Administrative Services Department
Dennis C. Danner, Administrative Services Director 949 -644 -3123
ddanner@city.newport-beach.ca.us
SUBJECT: 2007 -08 PROPOSED BUDGET HEARING
2007 -08 APPROPRIATION LIMIT HEARING
RECOMMENDATION:
It is respectfully recommended that the City Council schedule a public hearing of the
City's Proposed Budget and Appropriation Limit for the 2007 -08 fiscal year on June 12,
2007, at 7:00 p.m. in the City Council Chambers, 3300 Newport Blvd., Newport Beach,
CA 92663, and direct the City Clerk to publish a notice of said hearings.
DISCUSSION:
Pursuant to Section 1102 of the Newport Beach City Charter, the City Council is
required to hold a public hearing on the City's proposed budget for the 2007 -08 fiscal
year.
As per Article 13B of the State Constitution, the City Council is required to hold a public
hearing on the City s Appropriation Limit (Gann Limit) for the 2007 -08 fiscal year.
As per the Budget Calendar, both of these public hearings are scheduled for the City
Council meeting of June 12, 2007. Thereafter, the City Council is scheduled to adopt,
by resolution, the City's Proposed Budget (including Checklist Items) and Appropriation
Limit for the 2007 -08 fiscal year at the City Council meeting of June 26, 2007.
Submitted by:
Dennis C. Danner, Director
Attachment: Public Notice
May 22, 2007
CITY OF NEWPORT BEACH
DENNIS DANNER (949) 644 -3123
LEGAL NOTICE
NOTICE IS HEREBY GIVEN THAT the City Council of the City of Newport Beach
will hold a joint public hearing regarding: (1) Preliminary Budget for the 2007 -08 Fiscal
Year, pursuant to Section 1102 of the Newport Beach City Charter; and, (2) the City's
Appropriation Limit for the 2007 -08 Fiscal Year, pursuant to Article 13B of the State
Constitution.
NOTICE IS HEREBY GIVEN THAT said public hearing will be held on the 12th day of
June, 2007, at the hour of 7:00 p.m. in the City Hall Council Chambers, 3300 Newport
Boulevard, Newport Beach, CA 92663, at which time and place interested persons may
appear and be heard thereon.
TOTAL BUDGET ALL FUNDS - INCLUDING CAPITAL IMPROVEMENTS:
Salaries and Benefits $108,528,278
Maintenance and Operations 54,981,556
Capital Outlay 3,970,064
Capital Improvements 37,316,135
Debt Service 4,128,677
Total Budget 520 &921710
APPROPRIATION LIMIT:
Article 13B Appropriation for 2007 -08 Fiscal Year $131,978,593
Total Appropriations Subject to Limit 112,709,817
Amount Under Limit S 12126&7m &776