HomeMy WebLinkAbout9578 - Adopting Budget for FY 1979-80RESOLUTION NO.
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
• OF NEWPORT BEACH ADOPTING THE BUDGET FOR THE
1979 -80 FISCAL YEAR, AND RESCINDING RESOLUTION
NO. 9565
•
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 deemd
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
$28,455,800 has been allocated to the following funds in the
amounts hereinafter shown:
General Fund
Park and Recrea-
tional Fund
Library Fund
Retirement Fund
Federal Revenue
Sharing Fund
State Gas Tax Fund
(Sec. 2106)
State Gas Tax Fund
(Sec. 2107)
Arterial Highway
Financing Project
Fund
Contributions Fund
Capital Improvement
Fund
Building Excise Tax
Fund
Total
Operating Capital Improve- Approved
Budget ment Budget Budget
$ 16,331,155
1,295,950
894,220
1,589,920
Water Bond I & R Fund 85,500
Water Fund 2,885,980
Marinapark Fund 46,250
TOTAL $ 23,128,975
$ 1,943,760
53,000
330,115
502,500
465,000
195,500
362,000
144,000
396,020
934,930
$ 5,326,825
$ 18,274,915
1,348,950
894,220
1,589,920
330,115
502,500
465,000
195,500
362,000
144,000
396,020
85,500
3,820,910
46,250
$ 28,455,800
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.
BE IT FURTHER RESOLVED that Resolution No. 9565 is
hereby rescinded.
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ADOPTED this —25th day of
LI
ATTEST:
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City Clerk ' U
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June
, 1979.
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6/22/79