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1994-12 RESOLUTION NO. 94- 12 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAND TERRACE,CALIFORNIA,ADOPTING A BUDGET OF ESTIMATED REVENUES AND EXPENDITURES FOR FISCAL YEAR 1994-95 WHEREAS, a local agency is required to adopt a budget for the subsequent fiscal year for estimated revenues and expenditures; and WHEREAS, every local governmental agency shall file with the county auditor of the county in which the agency conducts its principal operations, a budget for the fiscal year then in progress; and WHEREAS, the City Council and Staff members have thoroughly reviewed and analyzed the proposed budget in order to determine the needs of the City of Grand Terrace; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF GRAND TERRACE DOES HEREBY RESOLVE, DECLARE, AND ORDER AS FOLLOWS: Section 1. That a budget for Fiscal Year 1994-95, a copy of which, is on file in the City Clerk's Office, is hereby adopted for the City of Grand Terrace with estimated revenues of $4,307,489, use of available fund balance of $189,773 for a total source of revenue of $4,497,262 and total estimated expenditures of $4,595,833.. Section 2. That the City Clerk is hereby directed to forward a copy of this Resolution and the adopted Fiscal Year 1994-95 Budget to the Auditor-Controller of the County of San Bernardino. ADOPTED this 9th day of June, 1994 ATTEST: City Clerk of the City df Mae of the City of Grand Grand Terrace and of the Tere and of the City City Council thereof. Council thereof. 4 RESOLUTION NO. 94-12 PAGE 2 I BRENDA STANFILL, City Clerk of the city of Grand Terrace, California, do hereby certify that the foregoing resolution was introduced and adopted at a regular meeting of the City Council of the City of Grand Terrace held on the 9th day of June, 1994 by the following vote: AYES: Councilmembers Hilkey, . Singley, and Buchanan; Mayor Pro Tem Carlstrom; Mayor Matteson NOES: None ABSENT: None ABSTAIN: None Approved as to form: City Attorney City Clerk