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HomeMy WebLinkAbout92-69 - Adopting FY 1992-93 Budget0 • RESOLUTION NO. 92 -69 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH ADOPTING THE BUDGET FOR THE 1992 -93 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 1992 -93 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 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 8, 1992 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 1992 -93 Fiscal Year as revised by the City Council is hereby adopted. The total approved appropriation of $90,096,780 has been allocated to the following funds in the amounts hereinafter shown. Capital Total Operating Improvement Approved Budget Budget Budget General Fund $53,069,112 $ 5,504,950 $58,574,062 Park & Recreation Fund 4,707,319 190,000 4,897,319 Library Fund 3,668,888 170,000 3,838,888 Scholarship Fund 1,000 0 1,000 Community Development Block Grant Fund 0 469,000 469,000 State Gas Tax Fund (Section 2107) 0 592,500 592,500 State Gas Tax Fund (Section 2106) 0 445,000 445,000 State Gas Tax Fund (Section 2105) 0 310,000 310,000 Arterial Highway Financing Project Fund 0 490,000 490,000 Measure "M" Fund 0 1,637,000 1,637,000 • Tide and Submerged Lands Fund 732,842 378,000 1,110,842 Contributions Fund 0 60,000 60,000 Circulation and Transportation Fund 0 172,500 172,500 Building Excise Tax Fund 0 117,402 117,402 Water Fund 9,112,274 6,317,000 15,429,274 Marinapark Fund 78,705 0 78,705 Cannery Village Parking Fund 0 164,325 164,325 Sewer Fund 915,963 793,000 1,708,963 Total Budget ----- - --- -- $72,286,103 ------ ------ $17,810,677 ----- - - -- -- $90,096,780 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 22nd day of June, 1992. MAYOR ATTEST: � /f