Loading...
HomeMy WebLinkAboutCC RES 78-075 RESOLUTION NO. 78-75 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 1978-79. WHEREAS, in accordance with Section 1415h o¢ the Tustin A~unicipal Code, fh'e City Administrator has prepared and submitted fo the City Council a proposed annual budget for the 1978-79 fiscal year· beginning July I, 1978; 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 eff'icienf management o¢ the City that certain sums o¢ revenue.of the City be appropria.fed fo the various departments· oft:ices, agencies and activities o¢ the City; NOW~ THEREFORE~ the City Council of the City of Tustin does hereby resolve, determine and order as fol lows' Section I' A certain document on file in three (3) copies in the office of the City Clerk of the City of Tusfin, being marked and designated "1978-79 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 I~ 1978. . Section 2' The following sums of money are hereby approprial'ed from the revenue of the City of Tustin fo the following named departments, offices, a§encies, and activities of the City for expenditure during the !P78-79 fisc~! year. BUDGET APPROPR I AT IONS 0 D E RA'i' I N G, ~u u GE T"'" '"" ACTIVITY Legislation Admin[sfrat ion Comznun i fy Deve Iopmenf Non-Dep a rtmen t a I Poi i ce Fire Engineering ~a i nfenance Recrea t i on Operating Budget (;V,~ORKS HOP DRAFT 170,122 245,360 259~362 564~ 238 I · 507,697 675~000 249·738 789,907 ...... 1_70_._722 4. 632~ 146 TOTAL BUDGET Grant Personnel Redeve I opmenf Agency To fei Operations Capitol Improvements 361,141 .... 31~,900 5,025,187 __2..; 039_:_900 TOTAL APPROPRIAT IONS -- ALL FUNDS 7~065,087' Section 3' Revenue.Sharing Funds in the amount o~: $163,000 are anticipated fo be received during the year and are appropriated as roi lows' Newport Avenue Center Islands $ 23,000 Red Hi I I Drain No. 3 ..... !..4Q__~QO_O TOTAL 163 · 000 2 9 lO 20' 21 22 23 25 26 27 28 30 Section 4= Redevelopment Agency revenues are estimated to be $450,330 from property fax incremental sources. The proceeds and carryover fund balance are to be used as follows- Operational Expenses Capital Improvement $ 31,900 __43_0.,_ !Q~ $ 46 2,000 Section 5' The City General Fund will make a $450,000 loan fo the Redevelopment Agency effective June 25, 1978, in order fo commence ifs various programs and projects, which shall be repaid with seven (7) percent interest as tax encremenf funds are received by the Agency. The Agency will completely repay the loan prior fo the end of the fiscal year on June 30, 1979. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin, held on the 17th day of July, 1978. ATTEST- "'CITY CLERK STATE OF CALIFOF~;IA) COUNTY OF OIL~:,;GE )SS CITY OF TUSTIN · RUT~! C. POE, City Clerk and ex-officio Clc~-k of t}~¢. City Council of tl~e City of Tustin, Califor~ia, does t~crc:by certify that the whole number of the me~nbers of tl~e City Council of the City of Tustin is five; that the a}.~o\,'e and foregoing Reso].~tion Mo. 78-75 wa.'; duly and ~-egularly introduced, read, passed a;ld ad~pted at a regular meeting of tl~e City Council l~eld on the:~__ ._17th._ ...... _~::day of_. July 1978t by the following vote- AYES · COUNCIL.'4EN - WELSH,. SCHUSTER, · SHARP, SALTARELLI, KENNEDY NOES · COUNCILMEN' NONE NONE ABSENT: COUNCILMEN ' ~ity Clerk,~ity of Tustin, California