HomeMy WebLinkAbout95-80 - FY 1995-96 BudgetRESOLUTION NO. 95 - 80
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
NEWPORT BEACH ADOPTING THE BUDGET FOR THE 1995-
96 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 1995 -96 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 Finance
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 12, 1995, 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 1995 -96 Fiscal Year as revised by the City
Council is hereby adopted. The total approved appropriation of $129,869,553 has been allocated to the
following funds in the amounts hereinafter shown:
Fund
Operating
Capital
Net
Total
Budget
Bud et
Transfers
Bud et
General Fund
$ 62,565,555
$ 7,415,547
$- 6,052,463
$ 63,928,639
Ackerman Fund
129,500
0
55,500
185,000
CDBG Fund
123,830
513,478
48,900
686,208
AQMD Fund
0
0
30,000
30,000
State Gas Tax Fund
0
3,272,040
96,000
3,368,040
OC Combined Trans. Fd
0
9,647,754
86,000
9,733,754
Tidelands Fund
678,899
541,400
4,515,939
5,736,238
Contribution Fund
0
4,959,998
0
4,959,998
Circulation Fund
0
9,673,065
0
9,673,065
Building Excise Tax Fd
0
160,000
128,735
288,735
Improvement Fd
0
0
841,389
841,389
toCapital
Insurance Reserve Fund
3,667,796
0
0
3,667,796
Equipment Fund
3,457,207
0
250,000
3,707,207
Water Fund
11,998.758
8,645,500
0
20,644,258
Wastewater Fund
1,197,731
745,000
0
1,942,731
NAFF Fund
0
476,495
0
476,495
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
0 copies made available for the use of the public and of departments, offices and agencies of the City.
ADOPTED the 26th day of June, 1995.
MAYOR
ATTEST:
j.`
CITY CLERK\ J
10/26/9511:34 AM BUDRESO.DOC
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