1997-10 RESOLUTION NO. 97- to
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GRAND TERRACE, CALIFORNIA, ADOPTING A BUDGET OF
ESTIMATED REVENUES AND EXPENDITURES FOR FISCAL
YEAR 1997-98
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 1997-98, 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 $ 4,983,735, use of available fund balance of $ 126,163,
interfund transfers of $ 130,166, for a total source of funds of $ 5,240,064 and total
estimated expenditures of $ 4,743,301 .
Section 2. That the City Clerk is hereby directed to forward a copy of this
Resolution and the adopted Fiscal Year 1997-98 Budget to the Auditor-Controller of
the County of San Bernardino.
ADOPTED this 12th day of June, 1997
ATTEST: --
0
City Clerk of the City 6f M or of the City of Grand
50
Grand Terrace and of the Terrace and of the City
City Council thereof. Council thereof.
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RESOLUTION NO. 97-10
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 12th day of June,
1997 by the following vote:
AYES: Councilmembers Hilkey and Garcia; Mayor Pro Tem Buchanan;
Mayor Matteson
NOES: None
ABSENT: Councilmember Singley
ABSTAIN: None
Approved as to form:
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City Attorney City Clerk