1988-08 RESOLUTION NO. 88-08
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GRAND TERRACE, CALIFORNIA, ADOPTING A BUDGET OF
ESTIMATED REVENUES AND EXPENDITURES FOR FISCAL
YEAR 1988-89
WHEREAS, a local agency is required to adopt a budget
for the subsequent fiscal year for estimated revenues and ex-
penditures ; . and
WHEREAS, every local governmental agency shall file
with the county auditor of the county in which the agency con-
ducts 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 1988-89 , 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 $3 , 067 , 755.. 00 and total estimated .expenditures ' of
$3 , 499 , 541 . 00 -and a transfer of $50 , 000 .00 to the General Fund
Reserve .
Section 2 . That the City Clerk is hereby. directed to
forward a copy of this Resolution - and the adopted Fiscal Year
1988-89 Budget to the Auditor-Controller of the County of San
Bernardino .
ADOPTED this 23rd day of June , 1988 .
ATTEST:
D _ y City G k of t o City Ma r of a Ci of Grand
Grand Terrace and of the TOtrace and of the City
_City Council thereof. Council thereof.
RESOLUTION NO. 88-08
PAGE 2
I , Juanita Brown, Deputy 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 23rd day of June , 1988 ,
by the following vote :
AYES : Pfennighausen, Grant , Evans , .Shirley;
Mayor Matteson
NOES : None
ABSENT: None
ABSTAIN: None
uty City lerk _
Approved as to form:
City Attorney
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