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HomeMy WebLinkAbout9565 - Budget Adoption for FY 1979-80RESOLUTION NO. 9565 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH ADOPTING THE BUDGET FOR THE 1979 -80 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 1979 -80; and WHEREAS, the City Council has reviewed said prelimi- nary 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 11, 1979, 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 Fiscal Year 1979 -80 as revised by the City Council is hereby adopted. The total approved appropriation of $28,371,800 has been allocated to the following funds in the amounts hereinafter shown: 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. ATTEST: City Clerk ADOPTED this 11th day of June, 1979. 4z'f'C4� Mayor j'EITIFIED AS HE ORIGINAL se's �Y ! fps �1 — — DDO /kb _2_ CITY CLERK OF THE CITY OP WEWF 6i..ACH 6/15/79 JUN 1979 N Total Operating Capital Improve- Approved Budget ment Budget Budget General Fund $ 16,331,155 $ 1,943,760 $ 18,274,915 _Park and Recre- ational Fund 1,295,950 53,000 1,348,950 Library Fund 894,220 894,220 Retirement Fund 1,589,920 1,589,920 Federal Revenue Sharing Fund 330,115 330,115 State Gas Tax Fund 502,500 502,500 (Sec. 2106) State Gas Tax Fund 465,000 465,000 (Sec. 2107) Arterial Highway 195,500 195,500 Financing Project Fund Contributions Fund 362,000 362,000 Capital Improvement 60,000 60,000 Fund Building Excise Tax 396,020 396,020 Fund Water Bond I & R Fund 85,500 85,500 Water Fund 2,885,980 934,930 3,820,910 Marinapark Fund 46,250 46,250 TOTAL $ 23,128,975 $ 5,242,825 $ 28,371,800 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. ATTEST: City Clerk ADOPTED this 11th day of June, 1979. 4z'f'C4� Mayor j'EITIFIED AS HE ORIGINAL se's �Y ! fps �1 — — DDO /kb _2_ CITY CLERK OF THE CITY OP WEWF 6i..ACH 6/15/79 JUN 1979 N