1999-07 RESOLUTION NO. 99- 07
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF GRAND TERRACE, CALIFORNIA, ADOPTING A
BUDGET OF ESTIMATED REVENUES AND
EXPENDITURES FOR FISCAL YEAR 1999-2000
MIHEREAS,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 1999-2000, 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 4 329 556, use of available fund balance of$652,798, interfund transfers-in of$302,000,
interfund loan of $350,000, for a total source of funds of $5,634,354 and total estimated
expenditures of 5 781 111, interfund transfers-out of 258 115 for a total use of funds of
5 522 996.
Section 2. That the City Clerk is hereby directed to forward a copy of this Resolution
and the.adopted Fiscal Year 1999-2000 Budget to the Auditor-Controller of the County of San
Bernardino.
ADOPTED this 27th day of May, 1999
ATTEST:
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City Clerk of the City of May r of the City of drand
Grand-Terrace and of the Terrace and of the City
City Council thereof. Council thereof.
RESOLUTION NO. 99-07
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 27th day of May, 1999 by the following vote:
AYES: Councilkembers:sHilkey, Singley and Garcia; Mayor Pro Tem
Buchanan; Mayor Matteson
NOES: None
ABSENT: None
ABSTAIN: None
Approved as to form:
City AttorneyU Ci Clerk