HomeMy WebLinkAbout96-60 - Adopting a Budget for Fiscal Year 1996-97RESOLUTION NO. �6 -60
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF COSTA MESA, CALIFORNIA, ADOPTING A
BUDGET FOR THE FISCAL YEAR 1996-97.
THE CITY COUNCIL OF THE CITY OF COSTA MESA DOES HEREBY RESOLVE
AS FOLLOWS:
THAT, WHEREAS, the Preliminary Budget for 1996-97 Fiscal Year has been prepared
in compliance with Section 2-153 of the Costa Mesa Municipal Code.
NOW, THEREFORE, BE IT RESOLVED as follows:
SECTION 1: The Annual Budget for the City of Costa Mesa for the fiscal year
beginning July 1, 1996, and ending June 30, 1997, is hereby adopted as set forth in the
Preliminary 1996-97 Budget, and City Council Amendments to the 1996-97 Preliminary Budget
detailed in Attachment "A".
PASSED AND ADOPTED this 17th day of June, 1996.
ATTEST:
1.
Deputy City C14 of the City of Costa Mesa
Ma r of the City of Costa Mesa
AOVED AS TO FORM
K
CITY ATTORNEY
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF COSTA MESA )
I, MARY T. ELLIOTT, Deputy City Clerk and ex -officio Clerk of the City Council of
the City of Costa Mesa, hereby certify that the above and foregoing Resolution No. f& 46a
was duly and regularly passed and adopted by the said City Council at a regular meeting thereof
held on the 17th day of June, 1996, by the following roll call vote:
AYES: lz�Rcvsoo, aFFA, 40arilbu-Ckt-t 4U'5, (hofjA 1411
NOES: A)oNt�-
ABSENT: 130,j6
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the City
of Costa Mesa this 19th day of June, 1996.
7-
L"Zc-
Deputy City lerk and ex -officio Clerk of
the City Cou cil of the City of Costa Mesa
ATTACHMENT "A" -- PAGE 1 OF 2
CITY OF COSTA MESA
CITY COUNCIL AMENDMENTS TO PRELIMINARY REVENUE ESTIMATES
1996-97 FISCAL YEAR,
1996-97 REVENUE ESTIMATES - AS AMENDED
Revenue as presented in 1996-97 Preliminary Budget Document $ 70,036,890
Amendments to 1996-97 Revenue Estimates
• Increase reimbursement from the City of Santa Ana in
the Capital Asset Fund 30,440
• Transfer from the Capital Asset Fund to the Equipment
Maintenance and Replacement Fund 475,000
• Decrease transfer from the Self -Insurance Fund to the
General Fund <187,490>
• Increase investment earnings in the Self -Insurance Fund 426,000
TOTAL 1996-97 ESTIMATED REVENUE - AS AMENDED $ 70,780,840
Utilization of Non -General Fund Balance Revenue as Presented
in the 1996-97 Preliminary Budget Document $ 3,374,000
Amendments to 1996-97 Utilization of Non -General Fund Balance Revenue
• Decrease utilization of the Capital Asset Fund <30,440>
• Increase utilization of the Self -Insurance Fund 530,080
• Eliminate utilization of the Equipment Maintenance and
Replacement Fund <434,700>
Utilization of Non -General Fund Balance Revenue -- As Amended $ 3,438,940
TOTAL RESOURCES AVAILABLE FROM 1996-97 ESTIMATED $ 74,219,780
REVENUE AND FROM FUND BALANCE UTMIZATION
ATTACHMENT "A" -- PAGE 2 OF 2
CITY OF COSTA MESA
CITY COUNCIL AMENDMENTS TO PRELIMINARY APPROPRIATIONS
1996-97 FISCAL YEAR.
1996-97 APPROPRIATIONS - AS AMENDED
Appropriations as presented in 1996-97 Preliminary Budget Document
Amendments to 1996-97 Appropriations
Additions
Self -Insurance Fund Reserve transfer to General Fund
Reductions
Employee Transportation Program - Rideshare
Costa Mesa Redevelopment Agency advance from the General Fund
Community Services Department correction to Preliminary Budget
Membership dues to the Orange County Regional Airport Authority
Administrative Services payment to the Central Orange County
Fixed Guideway Agency
TOTAL 1996-97 APPROPRIATIONS - AS AMENDED
$ 73,018,880
956,080
<35,800>
<99,000>
<43,690>
<5,000>
<4,000>
73,787,470