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Resolution 08-90 s TIGARD WATER DISTRICT 8777 S.W. BURNHAM ST. P.O. BOX 230000 May 8, 1990 TIGARD,OREGON 97223-9917 PHONE(503)639-1554 RESOLUTION 8-90 RESOLUTION ADOPTING BUDGET. MAKING APPROPRIATIONS. LEVYING TAXES 1 . BE IT RESOLVED that the Board of Commissioners, Tigard Water District, hereby adopts the budget for Fiscal Year 1990-91 now on file in the office of Tigard Water District. 2. BE IT RESOLVED that the Board of Commissioners, Tigard Water District, hereby levies the taxes provided for in the budget adopted in Paragraph 1 of this resolution in the aggregate amount of $150.000 and these taxes are hereby levied upon all taxable property within the Tigard Water District as of 1:00 a.m., January 1, 1990. 3. BE IT RESOLVED that the amounts for the fiscal year beginning July 1, 1990, and for the purposes shown below, are hereby appropriated as follows: GENERAL FUND Personal Services $ 796,300 Materials & Services 1,339,100 Capital Outlay 1,042,900 Operating Contingency 514,100 Net Unappropriated Fund Balance 1,000.000 TOTAL: $4,692,400 DEBT SERVICE FUND Principal payments (FY 1990-91) $ 120,000 Interest payments (FY 1990-91) 45,653 Unappropriated Fund Balance 20.347 TOTAL: $ 186,000 CAPITAL PROJECTS RESERVE FUND 11 Capital Outlay $ 290.000 TOTAL: $ 290,000 `"isw - 1a- RESOLUTION ADOPTING BUDGET(Continued) 4. BE IT RESOLVED that the Board of Commissioners, Tigard Water District, certifies to the county clerk and county assessor of Washington County, Oregon, the tax levy made by this resolution and shall file with them a copy of the budget as finally adopted. ADOPTED and appropriated by the Board of Commissioners, Tigard Water District, on May 8, 1990. l,r,.. ,�16Gr0 - Z:43"°1---/- Denis Borman Chairman Board of Commissioners 2a