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HomeMy WebLinkAbout91-76 - Budget AdoptionRESOLUTION NO. 91 -76 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH ADOPTING THE BUDGET FOR THE 1991 -92 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 1991 -92 Fiscal Year; 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 (10) days prior hereto 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 public hearing on said preliminary budget on June 10, 1991, 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 1991 -91 Fiscal Year, as revised by the City Council, is hereby adopted. The total approved appropriation of $96,178,201.00 has been allocated to the following funds in the amounts hereinafter shown: Capital Total Operating Improvement Approved Budget Budget Budget General Fund 49,014,781 7,562,515 56,577,296 Park and Recreation Fund 4,357,310 1,329,800 5,687,110 is Library Fund 3,335,350 7,202,100 10,537,450 Scholarship Fund 1,500 -0- 1,500 Community Development Block Grant -0- 714,315 714,315 State Gas Tax Fund (Section 2107) -0- 1,201,300 1,201,300 • State Gas Tax Fund (Section 2106) -0- 817,310 817,310 State Gas Tax Fund (Section 2105) -0- 351,000 351,000 Arterial Highway Financing Project Fund -0- 210,600 210,600 Measure "M" Fund -0- 750,000 750,000 Tide and Submerged Lands Fund 718,440 657,000 1,375,440 Contributions Fund -0- 1,160,400 1,160,400 Circulation and Transportation Fund -0- 506,390 506,390 Building Excise Tax Fund -0- 216,635 216,635 Water Fund 7,630,720 6,689,980 14,320,700 Marinapark Fund 71,135 -0- 71,135 Cannery Village Parking Fund -0- 164,325 164,325 Sewer Fund 990,295 525,000 1,515,295 66,119,531 30,058.670 96,178,201 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 24th day of June, 1991. MAYOR ATTEST: CITY CLERK gr /resoUbudget9l.res