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Home My WebLink About2021-57 - Adopting the Budget for the 2021-22 Fiscal YearRESOLUTION NO. 2021-57 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH, CALIFORNIA, ADOPTING THE BUDGET FOR THE 2021-22 FISCAL YEAR WHEREAS, the City Manager of the City of Newport Beach ("City") has prepared and submitted to the City Council a proposed annual budget for the Fiscal Year 2021-22 consistent with the City Charter Article XI (Fiscal Administration); WHEREAS, the City's Finance Committee has reviewed and discussed the City Manager's proposed annual budget for Fiscal Year 2021-22; WHEREAS, the proposed annual budget was submitted to the City Council at least thirty-five days (35) prior to the beginning of the fiscal year as required by City Charter Section 1102 (Budget Submission to City Council); WHEREAS, the City Council has reviewed the proposed annual budget, determined the time for the holding of a public hearing thereon, and caused a notice of the public hearing to be published not less than ten (10) days prior thereto in the official newspaper of the City, and copies of the proposed annual budget were made available for inspection by the public in the Office of the City Clerk and the Finance Department at least ten (10) days prior to the public hearing; WHEREAS, the City Council held a public hearing on the proposed budget on June 8, 2021, and has made such revisions to the proposed budget as deemed advisable; WHEREAS, the City Manager has the authority to approve budget increases not to exceed Ten Thousand Dollars ($10,000) in any Budget Activity or Capital Project, in accordance with City Council Policy F-3 (Budget Adoption and Administration); WHEREAS, the City Manager may accept certain donations and grants on behalf of the City and appropriate funds for the purpose intended, in accordance with City Council Policies; WHEREAS, all requirements of the City Charter and Newport Beach Municipal Code relating to the preparation and consideration of the annual budget and establishment of employee salary ranges have been complied with; and WHEREAS, all appropriations in the Capital Improvement Budget for projects currently underway and remaining unexpended as of June 30, 2021, as approved by the City Council in prior years, are hereby appropriated to the 2021-22 Fiscal Year. NOW, THEREFORE, the City Council of the City of Newport Beach resolves as follows: Resolution No. 2021-57 Page 2 of 4 Section 1: The City Council does hereby adopt the budget of the City of Newport Beach for the 2021-22 Fiscal Year, including employee salary ranges contained therein, and as revised by the City Council via the proposed budget revisions. Total new appropriations of $344,508,384 ($313,151,922 less internal charges) plus any items on the approved proposed budget revisions attached as Exhibit 1, and incorporated herein by reference, have been allocated to the following funds in the amounts hereinafter shown: OPERATING CAPITAL TOTAL FUND BUDGET BUDGET BUDGET 010 General Fund 012 General Fund - Capital Projects 100 Tide & Submerged Lands Fund 101 Harbor & Beaches Capital Plan Fund 105 Asset Forfeiture Fund 111 SLESF Grant Fund 120 Comm Devi Blk Grant Fund 121 State Gas Tax Fund 122 Measure M Fund 126 SB1 Gas Tax RMRA Fund 135 Contributions Fund 138 Environmental Contributions 141 Building Excise Tax Fund 160 Environmental Liability Fund 164 FiiN Fund 531 Junior Lifeguards 535 Balboa Village Parking Mgmt 536 Neighborhood Enhancement 562 Parks & Community Centers 571 Facilities Maintenance Plan (FMP) 701 Water Enterprise Fund 702 Water Capital Fund 711 Wastewater Enterprise Fund 749 Uninsured Claims Fund 750 Workers Compensation Fund 751 General Liability Ins Fund 752 Equipment Fund 753 Police Equipment Fund 755 Parking Equipment Fund 756 Fire Equipment Fund 757 RSS Equipment Replacement Fund 760 Compensated Absence Fund 761 Retiree Medical Fund 762 Retiree Med Fund Res 764 IT ISF 765 IT Strategic Fund 800 Debt Service Fund 831 Ackerman Trust 225,851,632 - 225,851,632 - 7,350,000 7,350,000 3,136,238 2,824,848 5,961,086 - 2,625,000 2,625,000 65,000 - 65,000 200,000 - 200,000 385,973 - 385,973 - 2,084,550 2,084,550 - 2,200,000 2,200,000 - 2,000,000 2,000,000 - 1,499,000 1,499,000 - 500,000 500,000 - 600,000 600,000 639,051 - 639,051 147,000 - 147,000 - 100,000 100,000 - 1,000,000 1,000,000 - 2,366,000 2,366,000 - 4,761,232 4,761,232 - 1,500,000 1,500,000 27, 933, 241 - 27, 933, 241 - 3,745,448 3,745,448 3, 956,840 350,000 4,306,840 3, 669,666 - 3,669,666 3,570,062 - 3,570,062 6,080,000 - 6,080,000 3,382,044 - 3,382,044 926,758 - 926,758 666,000 - 666,000 142,000 - 142,000 200,000 - 200,000 2,030,000 - 2,030,000 335,000 - 335,000 7,870,367 - 7,870,367 5,240,149 - 5,240,149 1,687,298 - 1,687,298 10,882,986 - 10,882,986 5,000 - 5,000 309,002,306 35,506,078 344,508,384 Resolution No. 2021-57 Page 3 of 4 Section 2: An interfund transfer is a governmental accounting term used to describe an internal flow of resources between the funds listed below and these transfers do not constitute expenditures by the City. The total approved interfund transfers include the following amounts by fund: Interfund Transfers Funds General Fund General Fund Capital Projects Tidelands Operating Harbor & Beaches Capital Plan Debt Service Equipment Operations Facilities Financing Plan Facilities Maintenance Plan Information Technology Junior Lifeguards Parks & Community Centers Total Transfers In Transfers Out 10, 727,159 20, 200, 000 5,700,000 9,442,529 4,500,000 8,677,620 472,403 8,500,000 13,161,119 1,500,000 812,227 469,637 4,013,862 44,088,278 44,088,278 Section 3: An interfund reimbursement is an accounting term to describe "repayments from funds responsible for particular expenditures" to the funds that initially paid for them. The transfer into the General Fund, from the Tidelands Operating Fund, as described in Section 2 shall be reclassified as an interfund reimbursement when actual expenditures are known at the end of the fiscal year. Section 4: A copy of the approved budget, certified by the City Clerk shall be filed with the persons retained by the City Council to perform auditing functions for the City 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. Section 5: The budget so certified shall be reproduced and copies made available for the use of the public and of departments, offices, and agencies in the City. Section 6: The recitals provided in this resolution are true and correct and are incorporated into the operative part of this resolution. Resolution No. 2021-57 Page 4 of 4 Section 7: If any section, subsection, sentence, clause or phrase of this resolution is, for any reason, held to be invalid or unconstitutional, such decision shall not affect the validity or constitutionality of the remaining portions of this resolution. The City Council hereby declares that it would have passed this resolution, and each section, subsection, sentence, clause or phrase hereof, irrespective of the fact that any one or more sections, subsections, sentences, clauses or phrases be declared invalid or unconstitutional. Section 8: The City Council finds the adoption of this resolution is not subject to the California Environmental Quality Act ("CEQA") pursuant to Sections 15060(c)(2) (the activity will not result in a direct or reasonably foreseeable indirect physical change in the environment) and 15060(c)(3) (the activity is not a project as defined in Section 15378) of the CEQA Guidelines, California Code of Regulations, Title 14, Division 6, Chapter 3, because it has no potential for resulting in physical change to the environment, directly or indirectly. Section 9: This resolution, and the salary ranges contained therein, shall take effect immediately upon its adoption by the City Council, and the City Clerk shall certify the vote adopting the resolution. ADOPTED this 8th day of June, 2021. ATTEST: a&P4- Leilani I. Brown City Clerk APPROVED AS TO FORM: CITY TTORNEY'S OFFICE 7�— a ar C. Harp City Attorney - X��/ ' oz'� B d very Mayor Attachment: Exhibit 1 - Proposed Budget Revisions EXHIBIT 1 PROPOSED BUDGET REVISIONS FISCAL YEAR 2021-22 GENERAL FUND Budget Increase (Decrease) Expenditures Better Beaches Initiative 1 Additional beach trash cans in high use areas _ $ _ 25,000 2 Permanen!- maintain porter service in Balboa Village & Corona del Mar $ 40,000 3 Additional trash/street can pickup in summer season _ $ 47,000 Total Expenditure Budget Changes $ 112,000 Revenue Dissolution of Balboa Village Area Benefit District 1 Transfer revenue budgeted in Balboa Village Area Benefit District to the General Fund _ $ 395,822 Total Revenue Budget Changes $ 395,822 Total General Fund Changes: $ 283,822 BALBOA VILLAGE AREA BENEFIT DISTRICT Budget Revenue Increase (Decrease) Dissolution of Balboa Village Area Benefit District 1 Reduce budgeted revenue in Balboa Village Area Benefit District $ (395,822) Total Revenue Budget Changes $ (395,822) Total Balboa Village Area Benefit District Changes $ (395,822) STATE OF CALIFORNIA COUNTY OF ORANGE } ss. CITY OF NEWPORT BEACH I, Leilani I. Brown, City Clerk of the City of Newport Beach, California, do hereby certify that the whole number of members of the City Council is seven; the foregoing resolution, being Resolution No. 2021-57 was duly introduced before and adopted by the City Council of said City at a regular meeting of said Council held on the 81h day of June, 2021, and the same was so passed and adopted by the following vote, to wit: AYES: Mayor Brad Avery, Council Member Noah Blom, Council Member Joy Brenner, Council Member Diane Dixon, Council Member Duffy Duffield, Council Member Will O'Neill NAYS: Mayor Pro Tem Kevin Muldoon IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the official seal of said City this 91h day of June, 2021. a4l-. Leilani I. Brown City Clerk Newport Beach, California