City Council

14.\nAnnual Review of\nExpenditure Report\nVisit\nNewport\nBeach\nAudited\nFinancial\nStatements\nand\na) Determine this action is exempt from the California Environmental Quality Act\n(CEQA) pursuant to Sections 15060(c)(2) and 15060(c)(3) of the CEQA\nGuidelines because this action will not result in a physical change to the\nenvironment, directly or indirectly; and\nb) Receive and file.\nStaff Report\nAttachment A - Visit Newport Beach Audited Financial Statements for the Year\nEnded June 30, 2025\nAttachment B - Newport Beach and Company Audited Financial Statements for\nthe Year Ended June 30, 2025\nAttachment C - Visit Newport Beach Expenditure Compliance Report for the\nYear Ended June 30, 2025