Resolution - 05/09/1978 RESOLUTION ADOPTING BUDGET, MAKING APPROPRIATIONS,
AND LEVYING TAXES
1. BE IT RESOLVED that the Board of Commissioners,
Tigard Water District, hereby adopts the budget approved
by the Budget Committee on April 18 , 1978 now on file in
the office of the 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 resolu-
tion in the agregate amount of $176, 000 and these taxes
are hereby levied upon all taxable property within the
Tigard Water District as of 1 : 00 a.m. , January 1, 1978.
3. BE IT RESOLVED that the amount for the fiscal
year beginning July 1, 1978 , and for the purposes shown
below are hereby appropriated as follows:
mow, GENERAL FUND
Personal Services $ 334,200
Material and Services 408 ,200
Capital Outlay 119, 600
Operating Contingency 10, 000
Bond Sinking Fund 156, 000
Net Unappropriated Fund Balance102, 000
TOTAL: $1,130, 000
BOND SINKING FUND
Principal payments (FY1978-79) $ 179 ,000
Interest payments (FY1978-79) 152, 678
Other charges 344
Principal payments (FY1979-80) 56, 000
Interest payments (FY1979-80) 71,978
TOTAL: $ 460 , 000
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RESOLUTION ADOPTING BUDGET (Continued)
BOND CONSTRUCTION FUND
Personal Services $ -0-
Material and Services 10,000
Capital Outlay 260,000
TOTAL: $270, 000
4. BE IT RESOLVED that the Board of Commissioners,
Tigard Water District, certifies to the county clerk
(or other recording officer) , county assessor (or other
assessing officer) of Washington County, Oregon, and the
State Tax Commission at its office in Salem, Oregon, the
tax levy made by this resolution and shall file with
them a copy of the budget as finally adopted.
ADOPTED by the Board of Commissioners, Tigard Water
District, on May 9, 1978.
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2.
°-1-884A .
Hug A. Brown
Chairman
Board of Commissioners
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