HomeMy WebLinkAbout8517 - Budget AdoptionRESOLUTION NO. 8517
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF NEWPORT BEACH ADOPTING THE BUDGET
FOR THE 1975 -1976 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 1975 -1976; 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 9, 1975 and has made such
revisions in the preliminary budget as it deemed available; 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 1975 -1976 as revised by the City
Council is hereby adopted. The total approved appropriation of
19,786,650 has been allocated to the following funds in
the amounts hereinafter shown:
•
•
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 23rd day of June , 1975.
ATTEST:
i.ty Clerk
(C PIED AS THE R
(CRY C6ERK OF THE CI '0 N W ORT BLACH
jUm 2 5 1975
DATE: ....-_ ................ .................
6/17/75
DDO /yz
Operating
Capital Improve-
Total Approved
Budget
ment Budget
Budget
General Fund
11,772,260
1,203,100
12,975,360
Park & Recreational Fund
956,475
956,475
Library Fund
591,875
591,875
Retirement Fund
748,880 ',
748,880
State Gas Tax Fund
•
(Section 2106)
387,600
387,600
State Gas Tax Fund
(Section 2107)
253,000
253,000
Arterial Highway
Financing Project Fund
109,000
109,000
Contributions Fund
127,000
127,000
Capital Improvement
Fund
44,500
44,500
Building Excise
Tax Fund
501,615
501,615
Water Bond I & R Fund
92FO20
92,020
Water Fund
10932F910
110260000
2,958,910
Marinapark Fund
40,415
40,415
TOTAL
16,134,835 !
3,651,815
19,786,650
•
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 23rd day of June , 1975.
ATTEST:
i.ty Clerk
(C PIED AS THE R
(CRY C6ERK OF THE CI '0 N W ORT BLACH
jUm 2 5 1975
DATE: ....-_ ................ .................
6/17/75
DDO /yz