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HomeMy WebLinkAbout13 - Budget Hearing & Appropriation Limit HearingCITY OF NEWPORT BEACH CITY COUNCIL STAFF REPORT Agenda Item No. 13 May 25, 2010 TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: Administrative Services Department Tracy McCraner, Administrative Services Director 949 - 644 -3123 or tmccraner @newportbeachca.gov SUBJECT: 2010 -11 PROPOSED BUDGET HEARING 2010 -11 APPROPRIATION LIMIT HEARING RECOMMENDATION: Schedule a public hearing of the City's Proposed Budget and Appropriation Limit for the 2010 -11 fiscal year on June 8, 2010, at 7:00 p.m. in the City Council Chambers, 3300 Newport Blvd., Newport Beach, CA 92663, and direct the City Clerk to publish a notice of said hearings in accordance with Section 1102 of the Newport Beach Charter. DISCUSSION: Background: Pursuant to 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 2010 -11 fiscal year. As per Article 13B of the State Constitution, the City Council is required to hold a regularly scheduled meeting on the City's Appropriation Limit (Gann Limit) for the 2010- 11 fiscal year. As per the Budget Calendar, both of these public hearings are scheduled for the City Council meeting of June 8, 2010. Thereafter, the City Council is scheduled to adopt, by resolution, the City's Proposed Budget and Appropriation Limit for the 2010 -11 fiscal year at the City Council meeting of June 23, 2010. Environmental Review: This action is not subject to the California Environmental Quality Act ( "CEQX) pursuant to Sections 15060(c)(2) (the activity will not result in a direct or reasonably foreseeable indirect physical change in the environment) and 15060(c)(3) (the activity is not a project as defined in Section 15378) of the CEQA Guidelines, California Code of 2010 -11 Budget Hearings May 25, 2010 Page 2 Regulations, Title 14, Chapter 3, because it has no potential for resulting in physical change to the environment, directly or indirectly. Public Notice: This agenda item has been noticed according to the Brown Act (72 hours in advance of the meeting at which the City Council considers the item). Funding Availability: No City funding is required by this action. Submitted by: Tracy Mqqaner Administi ive Services Director Attachment: Public Notice May 25, 2010 CITY OF NEWPORT BEACH TRACY MCCRANER (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 2010 -11 Fiscal Year, pursuant to Section 1102 of the Newport Beach City Charter; and, (2) the City's Appropriation Limit for the 2010 -11 Fiscal Year, pursuant to Article 13B of the State Constitution. NOTICE IS HEREBY GIVEN THAT said public hearing will be held on the 8'h day of June, 2010, 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 $122,356,283 Maintenance and Operations 60,555,409 Capital Outlay 1,850,781 Capital Improvements 51,043,789 Debt Service 2,979,432 Total Budget 238.785.694 APPROPRIATION LIMIT: Article 13B Appropriation for 2010 -11 Fiscal Year $140,588,741 Total Appropriations Subject to Limit 111,347,236 Amount Under Limit 29