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2001-18 j RESOLUTION NO. 2001-18 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAND TERRACE, CALIFORNIA,ADOPTING A BUDGET OF ESTIMATED REVENUES AND EXPENDITURES FOR FISCAL YEAR 2001-2002 J WHEREAS, 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 2001-2002,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 $4.827.437.use of available fund balance of$280,102,interfund transfers-in of$227.366,for a total source of funds of$5,334,905 and total estimated expenditures of$5.163.008.interfund transfers-out of$171,897 for a total use of funds of$5,334,905. Section 2. That the City Clerk is hereby directed to forward a copy of this Resolution and the adopted Fiscal Year 2001-2002 Budget to the Auditor-Controller of the County of San Bernardino. ADOPTED this 28`h day of June, 2001. ATTEST: 0,,i"/�ft ,/), -Y la4/1�-Asjlo-�� City Clerk of the City of Grane0errace Mayor of the City of Grand Terrace Terrace and of the City Council thereof and of the City Council thereof RESOLUTION NO. 2001-18 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 28' day of June, 2001 by the following vote: AYES: Councilmembers Larkin and Ferre and Mayor Buchanan NOES: None ABSENT: Councilman Hilkey and Mayor Pro Tem Garcia ABSTAIN: None Approved as to form: lk City Attorney City Clerk