HomeMy WebLinkAboutCC RES 80-0774
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RESOLUTION NO. 80-77
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 1980-81.
WHEREAS, in accordance with Section 1415h of the Tustin
Municipal code, the City Administrator has prepared and submitted to the
City Council a.proposed annual budget for the 1980-81 Fiscal Year,
beginning July 1, 1980, 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 "City of Tustin Budget 1980-81" said document as prepared by
the City Administrator and reviewed by the City Council ,is hereby adopted
for the fiscal year commencing July 1, 1980.
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
1980-81 Fiscal Year.
BUDGET APPROPRIATIONS
OPERATING BUDGET ACTIVITY·
BUDGET
Legislation
Administration
Community Development "
Pub 1 ic Works
Police
Fire
Community Services
Non-Departmental
Normal Operations Budget
$ 212,572
486,178
359,772
1,848,591
2,604,182
860,000
357,257
489,003
$ 7,217,555
Redevelopment Agency
Total Operations Budget
Capital Improvements
220,751
$ 7,438,306
5,320,700
TOTAL APPROPRIATIONS
ALL FUNDS
$12,759,006
Section 3: Revenue Sharing Funds in the amount of $165,000
are anticipated to be received during the year and are appropriated along
with carry-over reserves as follows:
McFadden Avenue Storm Drain $121,200
Main Street Storm Drain 20,000
Red Hill at Valencia Signal Relocation 7,700
Newport Avenue Center Island Landscaping 25,800
TOTAL $174,700
Section 4: Redevelopment Agency revenues are estimated to be
$704,550 from property tax incremental sources. The proceeds and carry-over
fund balance are to be used as follows:
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Resolution No. 80-77'
Page Two
July 21, 1980
Operational Expenses
Capital Improvement
$ 220,751
1,602,300
$1,823,051
Section 5: The City General Fund has previously made a
$1,125,000 loan available to the Redevelopment Agency effective June 18,
1979, in order to commence its various programs and projects, which shall
be repaid with eight (8) percent interest as tax increment funds are
received by the Agency. The Agency will completely repay the loan prior to
the end of the Fiscal Year on June 30, 1984.
PASSED AND ADOPTED at a regular meeting of the City Council of
the City of Tustin, held on the 21st day of July, 1980.
ATTEST-
CITY CLERK
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
CITY OF TUSTIN )
5k~RY E. WYNN, City Clerk and ex-officio Clerk of the City Council of the City
of Tustin, California, does hereby certify that the whole number of the
members of the City Council of the City of Tustin is five; that the above and
foregoing Resolution No. 80-77 was duly and regularly introduced, passed
and adopted at a regular meeting of the City Council held on the 21st day of
..... July _ _k , 1980 by the following vote-
AYES. : COUNCILMEN. SALTARELLI, EDGAR, HOESTEREY, KENNEDY, SHARP
NOES : COUNCILMEN: NONE
ABSENT: COUNCILMEN: NONE
MARY E. WYNN, City Clerk
City ~, Tustin,:.~C~li~$rnia ~
KAREN J. 'BEARD~LEy,DOp"u~ C~t~'~erk
City of Tustin, California