HomeMy WebLinkAbout2003-29 - Adopting the Budget for FY 2003-2004RESOLUTION NO. 2003 -29
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
NEWPORT BEACH ADOPTING THE BUDGET FOR THE 2003-
04 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 2003 -04 Fiscal Year;
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 (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 and the
Administrative Services Department at least ten (10) days prior to said hearing; and
WHEREAS, the City Council has held a public hearing on said preliminary budget on
June 10, 2003, and has made such revisions in the preliminary budget as it deemed advisable; and
WHEREAS, the City Manager has the authority to approve budget increases not to
exceed $5,000 in any Budget Activity or Capital Project, in accordance with Council Policy F -3
(Budget Adoption and Administration), and
WHEREAS, the City Manager may accept donations or grants of up to $5,000 on
behalf of the City and appropriate the funds for the purpose intended, in accordance with Council
Policy F -3 (Budget Adoption and Administration), 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 2003 -04 Fiscal Year as revised by the City
Council is hereby adopted. The total approved appropriation of $164,957,922 has been allocated to the
following funds in the amounts hereinafter shown:
Fund
General Fund
Ackerman Fund
CDBG Fund
AQMD Fund
NAF Fund
SLESF - Cops Fund
Misc. Grants Fund
State Gas Tax Fund
Traffic Cong. Relief
Measure M Fund
Bikes & Trailways
AHRP Fund
Tidelands Fund
Contribution Fund
Circulation Fund
Building Excise Tax
Environmental Liab.
Oil Spill Remediation Fund
Newport Annexation
Library Debt Service
Assessment District
Projects
CIOSA Fund
Bonita Canyon Dev.
Newport Bay Dredging
Insurance Reserve Fund
Retiree Medical Fund
Comp. Absence Fund
Equipment Fund
Water Fund
Wastewater Fund
Total Appropriations
Operating Capital Budget Net Transfers Total Budget
Budget
$101,010,159
$3,617,795
$3,447,355
$108,075,309
185,000
0
0
$185,000
388,150
50,000
(15,450)
$422,700
25,000
0
(45,000)
($20,000)
256,359
0
0
$256,359
150,279
0
0
$150,279
40,000
0
0
$40,000
0
2,491,100
(160,000)
$2,331,100
0
34,000
0
$34,000
0
1,372,725
0
$1,372,725
0
0
0
$0
0
0
0
$0
1,685,776
1,313,140
(3,297,590)
($298,674)
0
7,143,640
0
$7,143,640
0
2,674,595
(80,000)
$2,594,595
0
150,000
0
$150,000
100,000
0
0
$100,000
0
1,295,000
0
$1,295,000
1,200,000
0
(162,000)
$1,038,000
562,685
0
562,685
$1,125,370
0
655,869
0
$655,869
0
1,140,000
0
$1,140,000
0
0
(250,000)
($250,000)
0
0
0
$0
5,530,431
0
0
$5,530,431
1,039,500
0
0
$1,039,500
1,200,000
0
0
$1,200,000
3,751,760
174,000
0
$3,925,760
14,741,422
7,112,200
0
$21,853,622
2,251,337
1,616,000
0
$3,867,337
$134,117,858
$30,840,064
$0
$164,957,922
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 the 24th day of June, 2004.
ATTEST:
STATE OF CALIFORNIA }
COUNTY OF ORANGE
CITY OF NEWPORT BEACH }
I, Cathy Fisher, Deputy City Clerk of the City of Newport Beach, California, do
hereby certify that the whole number of members of the City Council is seven; that the foregoing
resolution, being Resolution No. 2003 -29 was duly and regularly introduced before and adopted by
the City Council of said City at a regular meeting of said Council, duly and regularly held on the
24th day of June, 2003, and that the same was so passed and adopted by the following vote, to wit:
Ayes: Heffernan, Proctor, Ridgeway, Adams, Webb, Mayor Bromberg
Noes: None
Absent: Nichols
Abstain: None
IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the
official seal of said City this 25th day of June, 2003.
Deputy City Clerk
���' R 9 Newport Beach, California
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