2009-22 • 1
RESOLUTION NO. 2009- 22
A RESOLUTION OF THE CITY OF GRAND TERRACE, CALIFORNIA,
ADOPTING A BUDGET FOR FISCAL YEAR 2009-10
WHEREAS,the City of Grand Terrace is a general law city incorporated under
the laws of the State of California; and
WHEREAS,the City of Grand Terrace operates on a fiscal calendar year
beginning on July 1"of each year and ending on June 301h of the next year; and
WHEREAS, the City of Grand Terrace wishes to adopt a budget for the fiscal
year 2009-10 for expenditures based on estimated revenues and available fund balance
reserves; and
WHEREAS, staff has presented an operating and capital budget containing the
General Fund, Special Revenue Funds and Capital Funds to meet the needs of the citizens
of the City of Grand Terrace; and
WHEREAS, the City Council is aware of the State of California budget problems
- and the May 12th failure of state budget initiatives and is adopting this budget under the
assumption that the state will not take or divert local funding at this time; and
NOW THEREFORE,the City Council of the City of Grand Terrace does hereby
resolve, declare, determine, and order as follows:
Section 1. The budget for Fiscal Year 2009-10, a copy of which has been filed in the
City Clerk's office, is hereby adopted with projected beginning General
Fund Balance reserves of$3,778, 727, including designated funds, total
General Fund expenditures of$5,222,845 including transfers-out, to be
funded by estimated revenues of$5,280,674 including transfers-in.
Special Revenue Fund budget is adopted with beginning Special Revenue
Fund Balance reserves of$3,018,727, including designated funds, total
Special Revenue Fund expenditures of$3,472,931 including transfers-out,
to be funded by estimated revenues of$3,756,795 including transfers=in.
Capital Projects Fund budget is adopted with beginning Capital Projects
Fund Balance deficit of$168,607, including designated funds, total
Capital Projects Fund expenditures of$1,107,500 including transfers-out,
to be funded by estimated revenues of$1,107,500 including transfers-in.
A summary of the City Budget by fund is referenced in"Exhibit A"
2
Section 2. City Council authorizes the City Manager to make budget adjustments to
the adopted budget to reallocate appropriations between departmental
activities. Only the City Council, by motion and affirmative majority vote,
by minute action or by resolution, may make increases and decreases in
estimated fund revenues and fund appropriations.
PASSED, APPROVED, AND ADOPTED this 23ra day of June, 2009.
Attest:
i
City Clerk Mayor
City o rand Terrace
r'
r
1
RESOLUTION NO. 2009-22
A RESOLUTION OF THE CITY OF GRAND TERRACE, CALIFORNIA,
ADOPTING A BUDGET FOR FISCAL YEAR 2009-10
"EXHIBIT A"
FY 2009-10 Estimated Revenues and Expenditures and
CHANGES IN AVAILABLE FUND BALANCE RESERVE-FY 2009-2010
Fund Beginning Revenue Expend. Ending
Fund Available
Balance Fund
Balance
General Fund 2,831,483 5,280,674 (5,222,845) 2,889,313
Special Rev Funds
Street Fund 765,661 1,003,082 (247,500) 1,521,243
Storm Drain 77,659 31,800 (12,276) 97,183
Park Fund 203,775 13,965 (92,821) 124,919
AB3229 COPS 0 298,418 (298,418) 0
Air Quality Fund 36,077 15,730 (41,100) 10,707
- Gas Tax Fund 4 356,765 (335,315) 21,454
Traffic Safety 12,815 66,400 (53,750) 25,465
Facilities Dev 188,894 23,000 (63,814) 148,080
Measure I 7,847 380,500 (394,955) (6,608)
Waste Water 694,886 1,552,800 (1,918,917) 328,769
LLMD 13,509 14,335 (14,065) 13,779
Subtotal Spec Rev 2,001,127 3.756,795 (3,472,931) 2,284,991
Capital Funds
Bike Lane Fund (1,163) 200,000 (200,000) (1,163)
Street Improv (1,182) 327,500 (327,500) (1,182)
Barton Bridge (166,262) 580,000 (580,000) (166,262)
Subtotal CapFunds (168,607) 1,107,500 (1,107,500) (168,607)
Total 4,664,003 10,144,969 (9,803,276) 5,005,696
CHANGES IN DESIGNATED FUND BALANCE RESERVE-FY 2009-2010
Fund Beginning Revenue Expend. Ending
Fund Available
Balance Fund
Balance
General Fund 947,244 0 0 947,244
Special Rev Funds
i Waste Water 1,017,600 1,017,600
Total 1,964,844 1 0 0 1 1,964,844
I, BRENDA STANFILL, CITY CLERK of the City of Grand Terrace, 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 23`d day of June, 2009 by the following vote:
AYES: Councilmembers Cortes, Miller and Stanckiewitz; Mayor Ferre
NOES: None
ABSENT: Mayor Pro Tem Garcia
ABSTAIN: None
City Clerk
Approved as to form:
City Attorne