1996-12 RESOLUTION NO. 96- 1.2
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GRAND TERRACE,CALIFORNIA,ADOPTING A BUDGET OF
ESTIMATED REVENUES AND EXPENDITURES FOR FISCAL
YEAR 1996-97
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 1996-97, 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 $4,562,903, use of available fund balance of $394,269,
interfund transfers of $115,000, for a total source of funds of $5,072,172 and total
estimated expenditures of $4,874,160.
Section 2. That the City Clerk is hereby directed to forward a copy of this
Resolution and the adopted Fiscal Year 1996-97 Budget to the Auditor-Controller of
the County of San Bernardino.
ADOPTED this 13th day of June, 1996
ATTEST:
Azr/
City Clerkof the City �f M or of the City of Gr nd
Grand Terrace and of the Te race and of the City
City Council thereof. Council thereof.
RESOLUTION NO. 96-12
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 13th day of
June, 1996 by the following vote:
AYES: Councilmembers Singlet'-and Garcia; Mayor Pro Tem Buchanan
NOES: Councilmember Hilkey; Mayor Matteson
ABSENT: None
ABSTAIN: None
Approved as to form:
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City Attorney City Clerk