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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 U (Seal) cy`a"oR�`� -