HomeMy WebLinkAbout91-52 - Adopting Budget for FY1991-1992RESOLUTION NO. 91-52
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
COSTA MESA, CALIFORNIA, ADOPTING A BUDGET FOR THE
FISCAL YEAR 1991-92.
THE CITY COUNCIL OF THE CITY OF COSTA MESA DOES HEREBY RESOLVE
AS FOLLOWS:
THAT, WHEREAS, the Preliminary Budget for 1991-92 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, 1991, and ending June 30, 1992, is hereby adopted as
set forth in the Preliminary 1991-92 Budget, and City Council Amendments to
the 1991-92 Preliminary Budget detailed in Attachment "A".
PASSED AND ADOPTED this 17th day of June, 1991, by the following roll
call vote:
AYES: COUNCIL MEMBERS: Hornbuckle, Genis, Buffo, Humphrey
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
May�,Z'C�ityofCost, ^ M
ATTEST:
City Clerk of the City of Costa M a
STATE OF CALIFORNIA ) -
COUNTY OF ORANGE ) as
CITY OF COSTA MESA )
I, EILEEN P. PHINNEY, City Clerk and ex -officio Clerk of the City
Council of the City of Costa Mesa, hereby certify that the above and fore-
going Resolution No. 91-52 was duly and regularly passed adopted by the
said City Council at a regular meeting thereof, held on the 17th day of
June, 1991.
IN WITNESS WHEREOF, I have hereunto set my hand and a affixed the Seal
of the City of Costa Mesa this 18th day of June, 1991.
City Clerk and ex -officio Clerk the
City Council of the City of CoateMesa
ATTACHMENT "A" PAGE 1 OF 2
CITY OF COSTA MESA
CITY COUNCIL AMENDMENTS TO PRELIMINARY REVENUE ESTIMATES
FISCAL YEAR 1991-92
1991-92 REVENUE ESTIMATE - AS AMENDED
Revenue as presented in 1991-92 Preliminary Budget Document:
$65,766,325
Amendments to 1991-92 Revenue Estimates:
Measure M Transportation Revenue 1,023,000
(County one-half cent sales tax)
Utilization of Accumulated Measure C
Fund Balance ($1,300,000)
Utilization of Accumulated Development
Trip Fee Fund Balance ($699,000)
Consolidatation of Traffic Safety Fund
with the General Fund ($625,000)
Adjustment to Golf Course Green Fee Revenue 350,000
Green Fee Increase Effective July 1, 1991
TOTAL 1991.92 ESTIMATED REVENUE AS AMENDED $67,139,325
Utilization of Fund Balance Revenue:
Measure C Fund Balance $1,300,000
Developer Trip Fee Fund Balance 699.000
TOTAL FUND BALANCE RESOURCES $1,999,000
TOTAL RESOURCES AVAILABLE FROM 1991.92 ESTIMATED $69,138,325
REVENUE AND FROM FUND BALANCE UTILIZATION
RESOLUTION NO. 91-52
.,144
ATTACIIMENT "A" PAGE 2 OF 2
CITY OF COSTA MESA
CITY COUNCIL AMENDMENTS TO PRELIMINARY APPROPRIATIONS
FISCAL YEAR 1991-92
1991-92 APPROPRIATIONS. AS AMENDED
Appropriations as presented in 1991-92 Preliminary Budget Document:
Ammendments to 1991-92 Appropriations:
Measure M Transportation Improvements
Capital Improvement Projects
Measure C: Street, Parkway, and Sidewalk
Capital Improvement Projects
Developer Trip Fee Transportation
Capital Improvement Projects
Reduction in $2,245,700 Salary Savings
Appropriation to $1,620,700 as a result of
the consolidation of the Traffic Safety Fund
with the General Fund
TOTAL 1991.92 APPROPRIATIONS - AS AMENDED
RESOLUPION NO. 91-52
$84,042,450
1,023,000
1,500,000
897,000
625,000
$98,087,450
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