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RESOLUTION NO. 8285
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF NEWPORT BEACH ADOPTING THE BUDGET
FOR THE 1974 -1975 FISCAL YEAR
WHEREAS, the City Manager of the City of Newport
Beach has prepared and submitted to the City Council a pre-
liminary annual budget for the fiscal year 1974 -1975; 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 10, 1974, 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 1974 -1975 as revised by
the City Council is hereby adopted. The total approved
appropriation of $18,143.,380 has been allocated to
the following funds in the amounts hereinafter shown:
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State Gas Tax Fund
(Section 2106)
State Gas Tax Fund
(Section 2107)
Arterial Highway
160,000 160,000
Financing Project Fund
Capital
Total
140,000
Operating
Improvement
Approved
Budget
Budget
Budget
207,000
General Fund
10,857,115
1,241,140
12,098,255
Park & Recreation Fund
836,160
8369160
330,090
Library Fund
536,765
5360765
Retirement Fund
721,150
721.150
State Gas Tax Fund
(Section 2106)
State Gas Tax Fund
(Section 2107)
Arterial Highway
160,000 160,000
Financing Project Fund
140,000
140,000
Contributions Fund
207,000
207,000
Capital Improvement
Fund
330,090
330,090
Building Excise
Tax Fund
329,600
329,600
Water Bond I &R Fund
94,700
94,700
Water Fund
1,775,800
570,000
2,345,800
Marinapark Fund
31,860
31,860
TOTAL
$14,853,550
$39,830
$18143,380
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 this .24th day of June, 1974.
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ATTEST-
City Clerk
/TIFIED AS TH O NAL
:3_ ......... ...... .. . CITY CLERK CLERK OF THE CITY OF PIE ORT BEACH mh
SUN 26 187 6/5/74
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