2004-03 RESOLUTION NO. 2004-03
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
GRAND TERRACE, CALIFORNIA,ADOPTING A BUDGET
OF ESTIMATED REVENUES AND APPROPRIATIONS FOR
FISCAL YEAR 2004-2005
WHEREAS, local agency is required to adopt a budget for the subsequent fiscal year for
estimated revenues and appropriations; 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 2004-2005,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
$5.951.226.use of available fund balance of$249,265,interfund transfers-in of$214.455.for a total
source of funds of$6.414.946 and total appropriations of$6.200.491,and interfund transfers-out of
$214.455 for a total use of funds of$6.414.946.
Section 2. That the City Clerk is hereby directed to forward a copy of this Resolution and
the adopted Fiscal Year 2004-2005 Budget to the Auditor-Controller of the County of San
Bernardino.
ADOPTED this 27t'day of May, 2004.
ATTEST:
City Clerk of the City ofoand Terrace Mayor oYtffe City orand Terrace
Terrace and of the City Council thereof and of the City Council thereof
RESOLUTION NO. 2004-03
Page 2
I BRENDA STANFML, 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 27`h day of May, 2004 by the following vote:
AYES: coumi .Aimm GARCIA AND LARKIN; MAYOR PRO TEK FERRE AND
MAYOR HILKEY
NOES: NONE
ABSENT: COUNCHMMER CORTES
ABSTAIN: NONE
Approved as to form:
-` City Attorney{ .) City Clerk