New locker rooms and restrooms will be built at the Corona del Mar High School pool, just one of many back-burner projects benefiting from extra city funding recently made available.

The $338,000 contribution to the Newport-Mesa Unified School District, requested by City Manager Dave Kiff, draws from higher-than-expected revenues in Newport Beach this fiscal year, coupled with last year's budget surplus.

The City Council on Tuesday appropriated more than $14 million to help pay for a wide array of improvements throughout the city, such as the locker rooms.

Most of the money $12 million came from a revenue surplus in the general fund in fiscal year 2012-13.

Another $1.2 million came from other funds like the IT strategic, lifeguard headquarters and tidelands funds, according to a staff report.

Of the $2.82 million in increased revenue estimates, the city appropriated $1.1 million. The money came from increased property tax estimates, plus more sales and hotel bed taxes from an improved economy.

The funding, which had not yet been given a specific budgetary use, will contribute to a wide array of needs, including a general liability fund, retiree health insurance and city improvement projects.

Municipal projects that will benefit include expansion of the LED streetlight conversion, Ocean Boulevard pavement replacement and concrete alley replacement in Newport Heights. Reforestation efforts and park re-landscaping will also get extra support.

The Fire Department will receive funding for paramedic emergency services, lifeguard dispatch equipment and facilities maintenance.

"The council has made it clear to me that they want to see more and more money going back into the community, so that's what I'm proposing to do with almost all of the surplus and the increased revenue," Kiff wrote in an email last week.

Read the original here:
Extra cash in city coffers being put back into community

Related Posts
March 2, 2014 at 3:06 am by Mr HomeBuilder
Category: Electrician General