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HomeMy WebLinkAbout7455 - Budget Adoptions • • RESOLUTION NO. 7455 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH ADOPTING THE BUDGET FOR THE 1971 -1972 FISCAL YEAR WHEREAS, the Acting City Manager of the City of Newport Beach has prepared and submitted to the City Council a preliminary annual budget for the fiscal year 1971 -1972; and WHEREAS, the City Council has reviewed said pre- liminary 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 days prior thereto 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 days prior to said hearing; and WHEREAS, the City Council has held a public hearing on said preliminary budget on June 28 , 1971, 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 fiscal year 1971 -1972 as revised by the City Council is hereby adopted. The total approved appropriation of -1- $ 12,969,090 has been allocated to the following funds in the amounts hereinafter shown: Capital Total Operating Improvement Approved Budget Budget Budget General Fund $ 7,822,350 $ 508,250 $ 8,33u,60G Park & Recreation Fund 644,995 644,995 Library Fund 381,445 381,445 Retirement Fund 462,680 462,680 State Gas Tax Fund (Sections 2106 and 2107) State Gas Tax Fund (AHFP) Contributions Fund Building Excise Tax Fund Water Bond I &R Fund Water Fund Marinapark Fund TOTAL 102, 575 1,244,930 43,965 17. 500 517,500 220,000 220,000 192,000 192,000 178,400 650,000 178.400 102, 575 1,894,930 43,965 $ 10, 702, 940 $ 2, 266,150 $ 12, 969, 090 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 theCity. • ADOPTED this 28th day of June, 1971. •ATTEST: Mayor City Clerk.— mh _2_ 6/28/71 �E IFIED 0S TH OR Nom. ............ ..................._.. 17Y CLERK OF THE CITT.OF N ORT B6ACH c�4m ..l........ 197.. 1 ......................... —.—