HomeMy WebLinkAbout14 - 2002-03 Budget & Appropriations Limit HearingsMay 28, 2002
Agenda Item No. 14
CITY OF NEWPORT BEACH
ADMINISTRATIVE SERVICES DEPARTMENT
Resource Management Division
May 28, 2002
TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL
FROM: Dennis Danner, Administrative Services Director z
SUBJECT: 2002 -03 PROPOSED BUDGET HEARING
2002 -03 APPROPRIATION LIMIT HEARING
DISCUSSION:
As per Section 1102 of the Newport Beach City Charter, the City Council is required to hold
a public hearing on the City's proposed budget for the 2002 -03 fiscal year.
As per Article 13B of the State Constitution, the City Council is required to hold a public
hearing on the City's Appropriation Limit (Gann Limit) for the 2002 -03 fiscal year.
As per the Budget Calendar, both of these public hearings are scheduled for the City Council
meeting of June 11, 2002. Thereafter, the City Council is scheduled to adopt, by resolution,
the City's Proposed Budget (including Checklist Items) and Appropriation Limit for the
2002 -03 fiscal year at the City Council meeting of June 25, 2002.
RECOMMENDATION:
It is respectfully recommended that the City Council schedule a public hearing of the City's
Proposed Budget and Appropriation Limit for the 2002 -03 fiscal year on June 11, 2002, at
7:00 pm in the City Council Chambers, 3300 Newport Blvd., Newport Beach, CA 92663,
and direct the City Clerk to publish a notice of said hearings.
May 21, 2002
CITY OF NEWPORT BEACH
DENNIS DANNER (949) 644 -3123
LEGAL NOTICE
NOTICE IS HEREBY GIVEN THAT the City Council of the City of Newport Beach
will hold a joint public hearing regarding: (1) Preliminary Budget for the 2002 -03 Fiscal
Year, pursuant to Section 1102 of the Newport Beach City Charter; and, (2) the City's
Appropriation Limit for the 2002 -03 Fiscal Year, pursuant to Article 13B of the State
Constitution.
NOTICE IS HEREBY GIVEN THAT said public hearing will be held on the 11'h day of
June, 2002, at the hour of 7:00 p.m. in the City Hall Council Chambers, 3300 Newport
Boulevard, Newport Beach, CA 92663, at which time and place interested persons may
appear and be heard thereon.
TOTAL BUDGET ALL FUNDS - INCLUDING CAPITAL IMPROVEMENTS:
Salaries and Benefits $73,358,125
Maintenance and Operations 33,952,977
Capital Outlay 777,271
Capital Improvements 31,660,283
Other Charges 2,450,775
Total Budget 5142.199.431
APPROPRIATION LIMIT:
Article 13B Appropriation for 2002 -03 Fiscal Year $ 94,769,006
Total Appropriations Subject to Limit 72,885,087
Amount Under Limit S 21,883,919