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1987-14 RESOLUTION NO. 87-14 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAND TERRACE, CALIFORNIA, ADOPTING A BUDGET OF ESTIMATED REVENUES AND EXPENDITURES FOR FISCAL YEAR 1987-88. 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, DETERMINE, AND ORDER AS FOLLOWS: Section 1. That a budget for Fiscal Year 1987-88, -a copy of which is on file in the City Clerk's Office, is hereby adopted for the City of Grand Terrace with total estimated revenues of $2,742,684.00 and total estimated expenditures of $3,124,419.00. Section 2. That the City Clerk is hereby directed to forward a copy of this Resolution and the adopted Fiscal Year 1987-88 budget to the Auditor-Controller of the County of San Bernardino. Adopted this 11th day of June, 1987. ATTEST: _ - Cr_ty Clerk `o the C' y of Grand May of the ity of Grand Terrace Terr_ace-,­and of the City Council an of the City Council thereof. t h-e r6of I, Loretta Thompson , City Clerk of the City of Grand Terrace , 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 llth day of 1inp , 1987, by the following vote: AYES: Councilmembers Pfennighausen, Grant, Evans, Crawford; Mayor Matteson. NOES: None ABSENT: None ABSTAIN: None - Appr ved as to form: City Attorney C1- y .C-g r c