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• <br />RESOLUTION NO. 93 -49 <br />A RESOLUTION OF THE CITY COUNCIL OF THE CITY <br />OF NEWPORT BEACH ADOPTING THE BUDGET FOR <br />THE 1993 -94 FISCAL YEAR <br />WHEREAS, the City Manager of the City of Newport Beach has prepared <br />and submitted to the City Council a preliminary annual budget for the 1993 -94 Fiscal <br />Year; <br />WHEREAS, the City Council has reviewed said preliminary budget, <br />determined the time for the holding of a public hearing thereon, and caused a notice of <br />said hearing to be published not less than ten (10) days prior hereto in the official <br />newspaper of the -City, and copies of the proposed budget were made available for <br />inspection by the public in the Office of the City Clerk at least ten (10) days prior to said <br />hearing; and <br />WHEREAS, the City Council has held a public hearing.. on said <br />preliminary budget on June 14, 1993 and has made such revisions in the preliminary <br />budget as it deemed advisable; and <br />WHEREAS, all requirements of the City Charter relating to the <br />preparation and consideration of the annual budget have been complied with. <br />NOW THEREFORE, BE IT RESOLVED by the City Council of the City <br />of Newport Beach that the budget of the City of Newport Beach for the 1993 -94 Fiscal <br />Year as revised by the City Council is hereby adopted. The total approved <br />appropriation of $90,921,446 has been allocated to the following funds in the amounts <br />hereinafter shown. <br />Operating Budget <br />Capital Budget <br />Total Budget <br />General Fund <br />$ 52,507,413 <br />$ 4,637,280 <br />$ 57,144,693 <br />Park & Rec Fund <br />4,766,419 <br />165,000 <br />4,931,419 <br />Library Fund <br />3,784,831 <br />104,000 <br />3,888,831 <br />Scholarship Fund <br />900 <br />0 <br />900 <br />CDBG Fund <br />0 <br />472,000 <br />472,000 <br />Gas Tax (2107) Fd <br />0 <br />456,000 <br />456,000 <br />Gas Tax (2106) Fd <br />0 <br />315,000 <br />315,000 <br />Gas Tax (2105) Fd <br />0 <br />347,000 <br />347,000 <br />AHFP Fund <br />0 <br />300,000 <br />300,000 <br />