04/22/1958 - Minutes 4-
BUDGET COMMITTEE MEETING
TIGARD WATER DISTRICT
TIGARD OREGON
APRIL 22, 195$
The meeting was held in the office of the Tigard Water District
April 22, 195$ at $ o'clock P.M.
The meeting was called to order by the Atty. C.E. Wheelock.
The committee consisted of the following persons, K.i('.Rutherford
W.F.Heppner, J.P.Lohrenz, C.F.Selliken and H.H.Hanson.
K. (.Rutherford was unanimously elected chairman of the committee,
The budget items were presented by Atty. C.E.Wheelock, and they
were studied in detail by the committee.
The budget as composed is as follows:-.
OPERATING REVENUE For 195$-1959
Water sales 2$,000.00
Meter installations 4,000.00
Tax receipts 4,500.00!+
Sinking fund 5,900.00)
General fund 5' ,0 10'000,00
Maintenance fund 9,000„00
Other 300.00
Bull Mountain Fund 2, 500.00
4*
Total t4,000.00
EXPENDITURES
General fund out 7,500,00
Sinking fund out 6, 500.00 -.
Cost of producing water 3,500.00
Material and supplies 3,000.00
Wages and salaries $,000,,00
Miss'. operating expense 4,000.00
Operating equipment 600.00
Bond redemptiop 4,000,00
Construction and improvement 21,100.00
Maintenance fund out 2,!Q$,00
Bull Mnt. fund out 4,* ' `00
Total t54 ' +U J
H.H.Hanson moved and C.F.6e11iken seconded that the budget
as prepared be accepted. The motion carried.
As there was no other businessa motion was made seconded
and passed that the meeting adjourn.
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Chairman i%� ,