HomeMy WebLinkAbout99-48 - Budget AdoptionRESOLUTION NO. 99 - 48
• A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
NEWPORT BEACH ADOPTING THE BUDGET FOR THE 1999-
2000 FISCAL YEAR.
WHEREAS, the City Manager of the City of Newport Beach has prepared and
submitted to the City Council a preliminary annual budget for the 1999 -2000 fiscal Year;
WHEREAS, the City Council has reviewed said preliminary 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 hereto 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 and the
Administrative Services Department 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, 1999, 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 1999 -2000 Fiscal Year as revised
by the City Council is hereby adopted. The total approved appropriation of $121,665,257.00 has been
allocated to the following funds in the amounts hereinafter shown:
Fund
Operating
Capital
Net
Total
Bud et
Budget
Transfers
Budget
General Fund
$74,531,853
$6,765,643
$3,958,049
$77,339,447
Ackerman Fund
185,000
0
0
185,000
CDBG Fund
0
505,000
(99,000)
604,000
AQMD Fund
29,000
0
(15,000)
44,000
NAF Fund
201,619
0
0
201,619
• SLESF - Cops Fund
10,279
0
0
10,279
Misc. Grants Fund
61,102
0
0
61,102
State Gas Tax Fund
0
2,455,000
(100,000)
2,555,000
•OC Comb. Trans. Fd.
Tidelands Fund
0
1,408,424
954,960
1,077,000
(64,000)
1,018,960
(3,430,049)
5,915,473
Contribution Fund
0
60,000
0
60,000
Circulation Fund
0
431,040
0
431,040
Building Excise Tax Fd.
0
490,000
0
490,000
Environmental Liab. Fd.
0
0
0
0
CIOSA Fund
0
260,000
0
260,000
Bonita Canyon Dev. Fd.
0
5,912,000
0
5,912,000
Insurance Reserve Fund
5,012,615
0
0
5,012,615
Equipment Fund
3,451,432
0
(250,000)
3,701,432
Water Fund
12,573,905
2,603,093
0
15,176,998
Wastewater Fund
1,552,492
1,133,800
0
2,686,292
Cannery Village Fund
0
0
0
0
Total Appropriations
$99,017,721
$22,647,536
$ 0
$121,665,257
• 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 the 28" day of June, 1999.
i�f �,�iGyvvl2
MAYOR
ATTEST:
• alum "', �_ �✓�1�
CITY CLERK
06/29/9901:30 PM BUDRESOMOC
• STATE OF CALIFORNIA }
COUNTY OF ORANGE } ss.
CITY OF NEWPORT BEACH }
I, LAVONNE M. HARKLESS, City Clerk of the City of Newport Beach, California, do
hereby certify that the whole number of members of the City Council is seven; that the foregoing
resolution, being Resolution No. 99 -48, was duly and regularly introduced before and adopted by the
City Council of said City at a regular meeting of said Council, duly and regularly held on the 28th
day of June, 1999, and that the same was so passed and adopted by the following vote, to wit:
Ayes: Adams, Glover, Thomson, Debay, Ridgeway, Noyes, Mayor O'Neil
Noes: None
Absent: None
Abstain: None
IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the
• official seal of said City this 29th day of June, 1999.
(Seal)
J
O�l hlj,.P / I/ 4a✓a
City Clerk of the City of
Newport Beach, California