HomeMy WebLinkAbout(1995, 02/27) - F-4 - AmendedF-4
NEW OR EXPANDED REVENUE MEASURES
Purpose: In order that budget preparation may proceed on an orderly basis with
adequate time given to consideration of all matters, and in order to establish a
basis for staff recommendations on revenue matters, the following policies are
established.
a) Revenue measure changes may be processed at any time during
the entire fiscal year. However, the normal procedure will be to
introduce them at the outset of the of active budget preparation process.
Changes should ordinarily become effective at the start of the new fiscal
year.
b) Special services which can be identified with the recipients will be
self - supported from service fees to the maximum extent possible. Service
fees shall be established in compliance with applicable State law, and
shall be periodically reviewed for compliance with applicable State law.
c) Every reasonable effort will be made to establish revenue measures
which will cause the transients and recreation visitors to Newport Beach
to carry a fair portion of the expenses incurred by the City as a result of
their use of public facilities.
d) At the outset of the budget cycle, and when requested by the
Finance Director, each department shall provide the Finance Department
a listing of the fees imposed by department. This listing shall identify the
estimated costs to the City in providing the product or service associated
with each fee as well as any recommended revision in the fee. A survey
of the similar fee charged in area communities shall accompany any fee
recommended for revision.
e) The Council Finance Committee shall review all proposed revenue
and fee increases and forward an analysis and recommendation to the
City Council for approval. The Committee will review the expenditure
portion of the budget and forward recommendations for appropriate
spending reductions to the City Council.
f) The Finance Department; with the assistance of the initiating
department, shall present for Finance Committee review any new or
revised revenue measures. The Finance Department shall endeavor to
consult with private individuals, business groups and individual business
persons on the economic impact any recommended revenue measure
F-4 •
changes may have on them, including but not limited to the City's
Economic Development Committee and the Newport Harbor Area
Chamber of Commerce. Their response, the estimated costs to the City in
providing the product or service and the recommended revision to the
revenue measure shall be included in the information reviewed by the
Finance Committee and forwarded to the City Council.
g) Whenever possible, any revenue measure that requires a public
hearing will be held in conjunction with the public hearing on the
proposed budget.
Adopted - August 26, 1968
Reaffirmed - November 12,1968
Reaffirmed - March 9,1970
Reaffirmed - February 14, 1972
Reaffirmed - December 10, 1973
Reaffirmed - November 11, 1974
Formerly F -13
Amended - January 24, 1994
Amended - February 27,1995
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