Grand Terrace Council Grapples with Budget Surplus by Paul Andrews - City News Group, Inc.

Community Calendar

APRIL
S M T W T F S
29 30 31 01 02 03 04
05 06 07 08 09 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30 01 02
View Events
Submit Events
directory

Grand Terrace Council Grapples with Budget Surplus

By Paul Andrews, Community Writer
September 9, 2015 at 10:58am. Views: 33

On Tuesday, Aug. 25, the Grand Terrace City Council received a monthly Financial Report on the status of last year’s annual budget as of June 30. City leaders said in a press release that although the numbers are unaudited, last fiscal year is projected to end with a fund balance of approximately $450,000. The release, sent from the City Manager's office, states that the balance is primarily due to lower expenses for the year and higher revenues. The city’s General Fund Expenses were approximately $4,374,000 (2 percent lower than projected), with revenue of approximately $4,825,000 (5 percent above projections), according to the release. Staff informed the city council that the revenue surplus should be treated as a onetime resource; thus, they should consider onetime costs and not commit to projects with year over year requirements. Staff also indicated that they would return to the city council during its first quarter budget update in October with options and recommendations, and how to "program the $450,000 in the most fiscally responsible way to remain consistent with the council’s 2030 Vision," the release said.

Related Articles

Photo Courtesy of: AI-generated image created by ChatGPT (OpenAI)

By Stella Pierce, Community Writer

April 7, 2026 at 02:19pm. Views: 129

Firefighters in protective gear spray water on a fast-moving brush fire as an aircraft drops red fire retardant over burning hills, with thick smoke rising into the sky nearby.

Photo Courtesy of: https://www.latimes.com/business/story/2026-02-25/troubled-moreno-valley-mall-closed-for-safety-violations

By Ruby Stephenson, Community Writer

April 7, 2026 at 02:19pm. Views: 121

The exterior entrance of the Moreno Valley Mall shows the main facade with storefront signage and parking area in front of the building.

Photo Courtesy of: City of Moreno Valley / Public Works Department

By William Cortez, Community Writer

April 7, 2026 at 02:19pm. Views: 109

Volunteers collect trash and debris during a community cleanup event aimed at improving neighborhood conditions.

Photo Courtesy of: AI-generated image created by ChatGPT (OpenAI)

By William Cortez, Community Writer

April 6, 2026 at 01:45pm. Views: 218

A rattlesnake is coiled on rocky ground with its tongue extended, displaying its patterned scales and raised rattle in a natural outdoor setting.

Photo Courtesy of: Dignity Health – Community Hospital of San Bernardino (CHSB) and St. Bernardine Medical Center (SBMC)

By William Cortez, Community Writer

April 6, 2026 at 01:45pm. Views: 328

A group of community members and professionals from Dignity Health – Community Hospital of San Bernardino (CHSB) and St. Bernardine Medical Center (SBMC) stand together holding certificates on a decorated stage with a red curtain backdrop, celebrating recognition for their achievements.

Photo Courtesy of: Courtesy of City News Group AI-generated artwork

By Stella Pierce, Community Writer

April 1, 2026 at 03:40pm. Views: 878

Residents hike along a sunlit trail on Blue Mountain overlooking Grand Terrace.

Photo Courtesy of: Courtesy of Moreno Valley Unified School District

By Stella Pierce, Community Writer

April 1, 2026 at 03:40pm. Views: 902

Students sit in a classroom using laptops while a teacher provides instruction at the front of the room.

Photo Courtesy of: Courtesy of Riverside County Sheriff’s Department / Public use

By William Cortez, Community Writer

April 3, 2026 at 11:05am. Views: 1554

A sheriff’s patrol vehicle is parked along a residential street in Moreno Valley during daylight hours.

Photo Courtesy of: Courtesy of CAL FIRE / Riverside County Fire Department

By Ruby Stephenson, Community Writer

April 1, 2026 at 03:40pm. Views: 1291

Emergency responder hazmat engine during a hazmat response.

Photo Courtesy of: City News Group

By Anthony Romano, Community Writer

April 3, 2026 at 11:26am. Views: 651

Creamy, dreamy, and bursting with spring greens, this risotto tastes like the season on a spoon.

Photo Courtesy of: Waldryano

By MediLinePlus, Community Writer

April 3, 2026 at 11:26am. Views: 626

Regular screenings and awareness of early warning signs empower women to take charge of their breast health.

Photo Courtesy of: Hans

By Jonah Whitman, Community Writer

April 3, 2026 at 11:26am. Views: 309

Faith is the quiet confidence that God is working beyond what we see, anchoring us in hope.

--> -->