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HomeMy WebLinkAbout7727 - Budget Adoptiont _1 RESOLUTION NO. 7727 A RESOLUTION OF THE CITY COUNCIL OF THE CITY • OF NEWPORT BEACH ADOPTING THE BUDGET FOR THE 1972 -1973 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 1972 -1973; and 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 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 days prior to said hearing; and WHEREAS, the City Council has held a public hearing on said preliminary budget on June 12 , 1972, 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 1972 -1973 as revised by the City Council is hereby adopted. The total approved appropriation of • $ 14,333,425.00 has been allocated to the following -1- • funds in the amounts hereinafter shown: General Fund Park & Recreation Fund Library Fund Retirement Fund State Gas Tax Fund (Section 2106) State Gas Tax Fund (Section 2107) Arterial Highway Financing Project Fund Contributions Fund Building Excise Tax Fund Water Bond I &R Fund Water Fund Marinapark Fund TOTAL 99,950 1,455,760 26,955 392,000 392,000 276,500 276,500 236,000 236.000 82,000 82,000 130,165 130,165 99,950 529,000 1,984,760 26,955 $ 12,149,075 $2,184,350 $14,333,425 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. ADOPTED this 26th day of June, 1972. ATTES Mayor City Clerk mh ��_///��� 6/21/72 IFIED ASNAk CITY CLERK OF THE CITY OF N#PCIRT BEACH JUN 2 9 1972 DAM_...._ - -------------- _...: ....... _ .......................... _ ... _ Capital Total Operating Improvement Approved Budget Budget Budget $ 8,796,200 $ 538,685 $ 9,334,885 732,400 732,400 456,600 456,600 581,210 581,210 State Gas Tax Fund (Section 2106) State Gas Tax Fund (Section 2107) Arterial Highway Financing Project Fund Contributions Fund Building Excise Tax Fund Water Bond I &R Fund Water Fund Marinapark Fund TOTAL 99,950 1,455,760 26,955 392,000 392,000 276,500 276,500 236,000 236.000 82,000 82,000 130,165 130,165 99,950 529,000 1,984,760 26,955 $ 12,149,075 $2,184,350 $14,333,425 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. ADOPTED this 26th day of June, 1972. ATTES Mayor City Clerk mh ��_///��� 6/21/72 IFIED ASNAk CITY CLERK OF THE CITY OF N#PCIRT BEACH JUN 2 9 1972 DAM_...._ - -------------- _...: ....... _ .......................... _ ... _