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HomeMy WebLinkAboutCC RES 77-076.m 4 8 9 10 11 14 15 16 17 18 19 ~0 21 £2 25 ~6 28 29 30 RESOLUTION NO. 77-76 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN REVISING RESOLUTION NO. 77-74, ADOPTING THE CITY BUDGET AND APPROPRIATING REVENUE OF THE CITY FOR THE FISCAL YEAR 1977-78. $~EREAS, in accordance with Section 2.41 of the Tustin Municipal Code, the City Administrator has prepared and submitted to the · City Council a proposed annual budget for the 1977-78 fiscal, year, beginning July 1, 19 77; and ~%HEREAS, the City Council, as the legislative body of the City, has reviewed 'this proposed budget; and WHEREAS, the City Council has determined that it is necessary for the efficient management of the City that certain sums of revenue of the City be appropriated to the various departments, offices, agencies and activities of the' City; NOW, THEREFORE, the City Council of the City of Tustin does hereby resolve, determine and order as follows: Section 1: -A certain document on file in three (3) copies in the office of the City Clerk of the City o.f Tustin, being marked and designated "1977-78 Annual Budget", said document as prepared by the City Administrator and reviewed by the City. Council, is hereby adopted for the fiscal year commencing July 1, 1977. Section 2: The following sums of money are hereby appropriated from the revenue of the City of Tustin to the following named departments, offices, agencies, and activities of the City for expenditure during the 1977-78 fiscal year. OPERATING BUDGET ACTIVITY Legislation Administration Community Development Non-Departmental Police Fire Engineering Maintenance Recreation BUDGET APPROPRIATIONS · TOTAL BUDGET $ 136,457 205,54 7 232,932 527,344 1,378,391 794,655 187,792 760,326 175,738 Operating Budget Grant Personnel Redevelopment Agency Total Operations Capital Improvements $4,399,182 180,000 26,000 $4,605,182 1,676,677 TOTAL APPROPRIATIONS - ALL FUNDS $6,281,859 Section 3: Revenue Sharing Funds in tire amount of $170,000 are anticipated to be received during the year and are appropriated as follows: $20,000 for landscaping Newport Avenue Center Islands, and $150,~000 for completion of City Maintenance Yard Project. ...... I ........ J.I .... I ~___J ..................... | .............. I[ 4 8 10 11 12 14 15 16 17 18 19 ~0 24. 26 Section 4: Redevelopment Agency· revenues are estimated to $350,000 from property tax incremental sources. The proceeds are to be us,..... as follows: Repay loan from General Fund in prior fiscal year Operational Expenses Capital Improvement $ 7,000 26,000 317,000 $350,000 Section 5: The City General Fund will make a $300,000 loa~ to the Redevelopment Agency effective July 1, 1977, in order to commence its various programs and projects which shall be repaid with seven (7) percent interest as tax increment funds are received by the Agency. The Agency will completely repay the loan prior to the end of the fiscal year on June 30, 1978. PASSED AND ADOPTED at a regular meeting of the' Tus~in City Council held on tSe 18th day of July, 1977. MAYOR / ATTEST: DEPU~ITY CLERK STATE OF' .~%LIFOP~IA) COUNTY OF O~%.tNGE )SS CITY OF TUSTIN RUT]! C. POE, City Clerk and ex-officio Clerk of the City Council of t]~e City of Tustin, California, does hereby certify that the whole number of the members of. the City Council of the City of ?ustin is five; that the above and foregoing Resolution No. 77- 76' was duly and regularly introduced, read, passed ~nd~ad0p~ed at a regular meeting of the City Council held on the~.l:8..t._~ ........... day of .... JU.!.Y ......... , 1977, by the following vote: · AYES - NOES - ABSENT - COUNCII24EN ' COUNCILMEN ' COUNCILMEN: SHARP, WELSH, EDGAR, SALTARELLI . NONE · SCHUSTER · . clerk,~ty Of Tustin, california ....