05/13/1959 - Budget Minutes BUDGET COMMITTEE MEETING
TIGARD WATER DISTRICT
May 13, 1959
The meeting was held in the office of the Tigard Water District May
13, 1959 at $ otclock P.M.
The meeting was called to order by Atty. C.E. Wheelock*
The Committee consisted of Leonard L. Nodland, K.R.Rutherford, C.F.
Selliken, George Bullion and Bill Heppner.
C.F.Selliken was:unanimously elected chairman, and he then took the
chair to preside.
The budget items were presented by Atty. C.E. Wheelock, and they were
studied in detail by the Committee.
The budget as compose& is as follows:.
•
Water sales. 35,000.00
Meter installations 5,000.00
Tax receipts; 4770.00
Sinking fund 7,000.00
General fund 7;000.00
Maintenance fund 3,000.00
Bull Mountain fund 1,700.00
Other 300.00
OPERATING REVENUE
General fund out 7,500.00
Sinking fund out $,000.00
Maintenance fund 4,000.00
Cost of porducing water 3,000.00
Materials and supplies 3,000.00
Wages and salaries 9,000.00
Misc, operating expenses 5,000.00
Operating equipment 600.00
Bond redemption and interest 4,000.00
Construction and improvement 17,270.00
Bull Mountain fund 2,000.00
W.F.Heppner moved and K.R.Rutherford seconded that the budget Ina be
accepted as prepared. The motion carried.
As there was no other business the meeting adjourned.
Chairman Sec.;I t )(At-1:1//
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