HomeMy WebLinkAbout90-68 - Adopting Budget for Fiscal Year 1990-91RESOLUTION NO. 90 -68
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
NEWPORT BEACH ADOPTING THE BUDGET FOR THE 1990 -91
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 1990 -91 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 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 11, 1990, 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 1990 -91 Fiscal Year as revised by the City Council is hereby
adopted. The total approved appropriation of $98,397,795 has been
allocated to the following funds in the amounts hereinafter shown.
Capital
Operating Improvement
• Budget Budget
General Fund $49,167,965 $14,769,790
Park and Recreation Fund 4,317,450 1,566,315
Library Fund 3,135,105
01
Total
Approved
Budget
$63,937,755
5,883,765
3,135,105
$64,803,150 $33,594,645 $98,397,795
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
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.
IF ATTEST:
ADOPTED this 25th day of June, 1990.
aokL� 1
Mayor
Capital
Total
Operating
Improvement
Approved
Budoet
Budget
Budget
Federally Adopted
Forfeiture Fund
$ 20,000
$
$ 20,000
Scholarship Fund
1,650
1,650
Community Development
433,810
433,810
Block Grant
• State Gas Tax Fund
(Section 2107)
1,654,445
1,654,445
State Gas Tax Fund
(Section 2106)
1,189,435
1,189,435
Arterial Highway Financing
Project Fund
700,000
700,000
Tide and Submerged
Lands Fund
754,580
335,065
1,089,645
Contributions Fund
6,800,995
6,800,995
Circulation & Transportation
Fund
900,000
900,000
building Excise Tax Fund
314,300
314,300
Water Fund
7,337,115
4,766,165
12,103,280
Marina Park Fund
69,285
69,285
Cannery Village Fund
164.325
164.325
$64,803,150 $33,594,645 $98,397,795
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
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.
IF ATTEST:
ADOPTED this 25th day of June, 1990.
aokL� 1
Mayor