Loading...
HomeMy WebLinkAbout9121 - Budget Adoption4= u • RESOLUTION NO. 9121 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH ADOPTING THE BUDGET FOR THE 1977 -78 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 1977 -1978; and WHEREAS, the City Council has reviewed said prelim- inary 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 27, 1977, and has made such revisions in the preliminary budget as it deemed avisable; 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 1977 -1978 as revised by the City Council is hereby adopted. The total approved appropriation of $24,492 ,89 0 has been allocated to the following funds in the amounts hereinafter shown: • BE IT FURTHER RESOLVED that a certified by the City Clerk, shall be f by the City Council to perform auditing and a further copy shall be placed, and office of the City Clerk where it shall inspection. copy of said approved budget, fled with the persons retained functions for the Council, shall remain on file, in the be available for public BE IT FURTHER RESOLVED that the budget so certified shall be reproduced and copies made available for the use of the public -2- Total Operating Capital Improve- Approved Budget ment Budget Budget General Fund 15,093,700 1,237,460 16,331,160 Park and Recreational Fund 1,177,235 308,485 1,485,720 Library Fund 791,010 -0- 791,010 Retirement Fund 1,145,405 -0- 1,145,405 Federal Revenue Sharing Fund -0- 113,405 113,405 State Gas Tax Fund (Sec. 2106) -0- 599,600 599,600 State Gas Tax Fund (Sec. 2107) -0- 237,000 237,000 Arterial Highway Financing Project Fund -0- 265,000 265,000 Contributions Fund -0- 15,400 15,400 Building Excise Tax Fund -0- 321,090 321,090 Water Bond I & R Fund 91,465 -0- 91,465 Water Fund 2,580,650 474,000 3,054,650 Marinapark Fund 41,985 -0- 41,985 TOTAL: 20,921,450 3,571,440 24,49.2,890 • BE IT FURTHER RESOLVED that a certified by the City Clerk, shall be f by the City Council to perform auditing and a further copy shall be placed, and office of the City Clerk where it shall inspection. copy of said approved budget, fled with the persons retained functions for the Council, shall remain on file, in the be available for public BE IT FURTHER RESOLVED that the budget so certified shall be reproduced and copies made available for the use of the public -2- and of departments, offices and agencies of the City. • ADOPTED this 27th day of June , 1977. ATTEST: A,,,�) L,,, City Clerk RTIfIED AS RIGINAL --- - -- ........ - - ....... CITY CLERK OF THE CITY OF NEW T BEACH DATE: • JUN q 0 9977 yor Pro Tem DDO /bc 6/21/77