2003-11 RESOLUTION NO. 2003-11
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GRAND TERRACE, CALIFORNIA,ADOPTING A BUDGET
OF ESTIMATED REVENUES AND EXPENDITURES FOR
FISCAL YEAR 2003-2004
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 2003-2004,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
- $6.610,941.use of available fund balance of$23.857.interfund transfers-in of$145,353,fora total
source of fimds of$6.789,151 and total appropriations of$6.643.798,and interfund transfers-out of
$145.353 for a total use of funds of$6.789.151.
Section 2. . That the City Clerk is hereby directed to forward a copy.of this Resolution and
the adopted Fiscal Year 2003-2004 Budget to the Auditor-Controller of the County of San
Bernardino.
ADOPTED this 22nd day of May, 2003.
ATTEST:
Az( �
City Clerk of the City of Gradd Terrace Mayor of the City of Grand Terrace
Terrace and of the City Council thereof and of the City Council thereof
RESOLUTION NO. 2003- 11
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 22nd day of May, 2003 by the following vote:
AYES: Councilmembers Hilkey and Cortes; Mayor Pro Tem Ferre and
Mayor Garcia
NOES: None
ABSENT: Councilmember Larkin
ABSTAIN: None
Approved as to form:
Aj&o
City Attorney City Clerk = Q