City Council

5. Commitment of Fund Balance for Fiscal Year 2022-2023 in Accordance with\nGovernmental Accounting Standards Board Statement No. 54 and City Reserves Policy\nNo. 3.06\nRECOMMENDATION:\nAdopt a RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAND\nTERRACE, CALIFORNIA, COMITTING FUND BALANCE FOR FISCAL YEAR 2022-\n23 IN ACCORDANCE WITH GOVERNMENTAL ACCOUNTING STANDARDS\nBOARD STATEMENT 54 AND CITY RESERVES POLICY NO. 3.06\nDEPARTMENT: FINANCE