HomeMy WebLinkAbout8805 - Budget AdoptionRESOLUTION NO. 8805
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NEWPORT BEACH ADOPTING THE BUDGET FOR THE
1976 -1977 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 1976 -1977; and
WHEREAS, the City Council has reviewed said prelim-
inary 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 (10) 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 (10) days prior to
said hearing; and
WHEREAS, the City Council has held a public hearing
on said preliminary budget on June 14, 1976, 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 1976 -1977 as revised by the
City Council is hereby adopted. The total approved appropriation
of $23,362,410 has been allocated to the following funds
in the amounts hereinafter shown:
Operating Capital Improve- Total Approved
Budget ment Budget Budget
TOTAL 19,37:9,715. 4,042,695 23,362,410
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 availble for the use of the public
and of departments, offices and agencies of the City.
ADOPTED this 28th day of June
M yor
ATTEST:
City Clerk
GERTIfIED AS THE ORIGHdJAL
CITY CLERK OF THE CITY Of C.RJ 8EAffip
LRAM ®
1976.
DDO /bc
6/24/76
General Fund
13,954,635
1,052,460
15,0074095
Park & Recreational Fund
1,102,365
116,000
1,218,365
Library Fund
701,520
701,520
Retirement Fund
1,037,000
1,037,000
Gas Tax Fund
559,795
559,795
•State
(Section 2106)
State Gas Tax Fund
300,295
300,295
(Section 2107)
Arterial Highway
313,100
313,100
Financing Project Fund
Contributions Fund
144,000
144,000
Building Excise
Tax Fund
1,011,545
1,011,545
Water Bond I & R Fund
89,290
89,290
Water Fund
2,388,640
545,500
2,934,140
Marinapark Fund
46,265
46,265
TOTAL 19,37:9,715. 4,042,695 23,362,410
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 availble for the use of the public
and of departments, offices and agencies of the City.
ADOPTED this 28th day of June
M yor
ATTEST:
City Clerk
GERTIfIED AS THE ORIGHdJAL
CITY CLERK OF THE CITY Of C.RJ 8EAffip
LRAM ®
1976.
DDO /bc
6/24/76