HomeMy WebLinkAbout92-69 - Adopting FY 1992-93 Budget0
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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:
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