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