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HomeMy WebLinkAboutCC RES 77-0745 6 8 9 lO :[2 15 16 18 3_9 ~O 26 ~8 RESOLUTION NO. 77-74 · A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN ADOPTING THE CITY BUDGET AND APPROPRIATING REVENUE OF THE CITY FOR THE FISCAL YEAR 1977-78. WHEREAS, in accordance with Section 2,/~1. of the Tustin Municipal Code, the City Administrator has prepared and submitted to the City Council a proposed annua'l budget for the 1977-78 fiscal year, beginning July 1, 1977; and WHEREAS, 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 of 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 fi scal year. BUDGET APPROPRIATIONS OPERATING BUDGET TOTAL BUDGET ACT I VI TY Legislation $ 134,49.1 Administ'ration 197,138 Commun i ty Deve 1 opmen t 221,9 38 Non-Depa r tmenta 1 491,344 Pol ice !,337,501 Fire 775.,533 Engineering 181,150 Ma i n tenance 745,069 Recreat ion 172,927 Operatin§ Budget Grant Personnel Redeve 1 opment Agency Total Operations gapital Improvements TOTAL APPROPRIATIONS - ALL FUNDS $4,257,O91 180, O00 16, O00 ...I.., 805,~577 $6,258,668 Section 3' Revenue Sharing Funds in the amount of $170,000 a.re anticipated to be received during the year ond are appropriated as follows' $20,000 for landscaping Newport Avenue Center Islands, and $150,OO0 for ..~complet|on of City Maintenance Yard Project. ( (. ,m 8 9 :LO Section 4' Redevelopment Agency revenues are estimated to be $367,900 from property tax incremental sources. The proceeds are to be used as follows- Repay loan from General Fund in prior fi scal year Operational Expenses Capital Improvement 7,00'O 16,O00 344,900 ~;36'~'~', 900- Section 5: The City General Fund will make a $300,000 loan to the Redevelopment Agency effective July l, 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 dune 30, 1978. PASSED AND ADOPTED at a regular meeting of the Tustin City Council held on the fifth day of July, 1977. "' Z~" '.ATTEST' ' l~' .' ' DEPUTY CiTY CLERK 18 19 ~0 ~6 ~8 ~9 ;52 --' MAYOR F ........... 7/5/77 km STATE OF CALIFORNIA)~ COUNTY OF OFuANGE )SS CITY OF TUSTIN . RUT~! C. Council certify Council · · POE, City Clerk of the City of that the whole of the City of and ex-officio Clerk of Tustin., California, does nu~,~er of the members of Tustin is five; that the the City hereby the City above and and regularly foregoing Resolution No. 77-74., was duly introduced, read, passed ~nd adoptdd-~t a regular meeting of the City Council held on the:_ 5~.h ........... ~day of_ 1977, by the following vote- · . AYES: couNcII~MEN ' Sharp, Welsh, Saltarelli, Ed ar, Schuster · . . NOES ' ABSENT ' COUNCILMEN ' COUNCILMEN: None · None · clerk, C~ty of Tust_~n, C , . .- . · . ' ~/ ; . · .