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RESOLUTION NO. 94-61
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF COSTA MESA, CALIFORNIA, ADOPTING A
BUDGET FOR THE FISCAL YEAR 1994-95.
THE CITY COUNCIL OF THE CITY OF COSTA MESA DOES HEREBY RESOLVE
AS FOLLOWS:
THAT, WHEREAS, the Preliminary Budget for 1994-95 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, 1994, and ending June 30, 1995, is hereby adopted as set forth in the
Preliminary 1994-95 Budget, and City Council Amendments to the 1994-95 Preliminary Budget
detailed in Attachment "A".
PASSED AND ADOPTED this 20th day of June, 1994.
�J
Mayor of the City of Costa Mesa
ATTEST:
Deputy City Jerk of the City of Costa Mesa
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. 94-61 was
duly and regularly passed and adopted by the said City Council at a regular meeting thereof held
on the 20th day of June, 1994, by the following roll call vote:
AYES: Genis, Humphrey, Hornbuckle, Buffa, Erickson
NOES: None
ABSENT: None
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the City
of Costa Mesa this 21st day of June, 1994.
Deputy Cit Clerk and ex -officio Clerk of
the City C qncil of the City of Costa Mesa
E133
CITY OF COSTA MESA
CITY COUNCIL AMENDMENTS TO PRELIMINARY REVENUE ESTIMATES
1994-95 FISCAL YEAR.
1994-95 REVENUE ESTIMATES - AS AMENDED
Revenue as presented in 1994-95 Preliminary Budget Document: $ 67,449,940
Amendments to 1994-95 Revenue Estimates:
Reductions
• Provision for Redevelopment Agency 1)ebt Itepayment <230,000>
(Reduce debt payment from $778,725 to $548,725)
TOTAL 1994-95 ESTIMATED REVENUE AS AMENDED $ 67,219,940
Utilization of Fund Balance Revenue: $ 5,514,260
TOTAL RESOURCES AVAILABLE FROM 1994-95 ESTIMATED
REVENUE AND FROM FUND BALANCE UTILIZATION $ 72,734,200
1994-95 APPROPRIATIONS - AS AMENDED
Appropriations as presented in 1994-95 Preliminary Budget Document: # 72,318,585
Amendments to 1994-95 Appropriations:
Additions
• Membership: Southern California Association of Governments 6,065
• Membership: Orange County Regional Airport Authority 5,000
• Additional provision for November 1994 General Election 3,000
• 1994-95 Balearic Center Lease 47,125
Deductions
• Membership: Orange County Coast Association <55>
• Revised Membership: Central Orange County Fixed Guideway.Agency <2,000>
• Membership: National League of Cities <4,695>
• Salary and Benefit Adjustments <284:44 >
TOTAL 1994-95 APPROPRIATIONS - AS AMENDED $ 72,088,535
Attachment "A"
Resolution No. 94-61