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On the Agenda: October 22 City Council Meeting
The next City Council meeting is Tuesday, October 22. Items of interest are highlighted below. The entire
agenda and reports can be viewed here.
The regular meeting will begin at 4 p.m. Agenda items include:
• Year-end budget results and surplus allocation. The City's Finance Department will present a
report on revenues, expenditures and estimated fund balances for the fourth quarter of Fiscal Year
2023-24 and an analysis of the City's financial activity from July 2023 through June 2024. An
unrestricted General Fund operating surplus of $10.8 million is projected for FY 2023-24,
$1.9 million higher than previously projected. Staff is recommending that the surplus be allocated
to infrastructure projects or neighborhood capital improvements.
• Review of Visit Newport Beach (VNB) audited financial statements and expenditure report for
Fiscal Year 2023-24. Under the City's agreement with VNB, audited financial statements and
compliance expenditure reports are presented annually for review by the City Council. Due to the
significant fees paid to Newport Beach & Company by VNB for services, Newport Beach &
Company's audited financial statements are also included for review.
• A public hearing and consideration of an amendment to Title 21 (Local Coastal Program
Implementation Plan) of the Newport Beach Municipal Code relating to accessory dwelling unit
(ADU) regulations. The item would accept and incorporate modifications suggested by the
California Coastal Commission in July to a City ordinance that was adopted by the City Council in
2023.
• A resolution related to the replacement of Collins Island Bridge. The action would approve a
mitigated negative declaration and intent to prepare final construction documents. The project
includes replacing the Collins Island Bridge and constructing new seawalls adjacent to the bridge.
The Collins Island Bridge, built in 1953, is still serviceable but is approaching the end of its useful
Life. The proposed replacement bridge would be 31-feet long and 20.5 feet wide with a 13.75-foot
travel lane, 4-foot-wide sidewalk, and concrete barriers on each side of the roadway. Park Avenue
from Bay Front Alley would be improved along with the roadway transition onto Collins Island.