2002-09 I;J , RESOLUTION NO. 2002-09
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GRAND TERRACE,CALIFORNIA,ADOPTING A BUDGET
OF ESTIMATED REVENUES AND EXPENDITURES FOR
FISCAL YEAR 2002-2003
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 2002-2003,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
$5.255.809,use of available fund balance of$202.612.interfund transfers-in of$50.601,for a total
source of funds of$5.509.022 and total estimated expenditures of$5.458.421.interf ind transfers-out
of$50,601 for a total use of funds of$5.509,022.
Section 2. That the City Clerk is hereby directed to forward a copy of this Resolution and
the adopted Fiscal Year 2002-2003 Budget to the Auditor-Controller of the County of San
Bernardino.
ADOPTED this 23`d day of May, 2002.
ATTEST:
City Clerk of the City of O•and Terrace Mayor of the City of Grand Terrace
Terrace and of the City Council thereof and of the City Council thereof
--� RESOLUTION NO. 2002-09
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 23rd day of May, 2002 by the following vote:
AYES: Councilmembers Hilkey, Larkin and Ferre' ; Mayor Pro Tem
Garcia and Mayor Buchanan
NOES: None
ABSENT: None
ABSTAIN: .None
Approved as to form:
City Attorney City Clerk