05/11/1949 - Budget Minutes BUDGET COMMITTEE MEETING
May 11, 1949
Present: Messrs. Rutherford, Stearns, Lohrenz, Graham and Tigard.
Moved and seconded by the Committee that Mr. Rutherford be elected
Chairman of the Budget Committee.
Figures were presented to the Committee indicating expenditures for
the last ten months of the fiscal year, together with estimated
expenditures for May and June, 1949; also a copy of budget figures for
the 1948-1949 period along with fiscal year figures for 1946-1947 and
1947-1948 years. These figures were used as a basis for determining
the new 1949-1950 budget, as well as determining new construction needs
for the District, eta.
Mr. Wheelock presented the figures to the Committee and led the discussion
of the needs of the District, the Board answering any questions in con—
nection with the new budget that were asked of them.
After a further private discussion with Mr. 'Wheelock on the new well
installation and the matter of issuing bonds to cover such a layout, the
Budget was approved as per copy attached.
r Chairman d4* Committee
•
Asst. Secretary of Board.
SPECIAL BUDGET COMMITTEE MEETING
May 17, 1949
It was determined after the original meeting of May 11, 1949 that Mr. Curtis
Tigard was no longer living within the District and that it was therefore
necessary to secure another member of the Budget Committee to fill this
vacan*. Mr. Max Lewis was asked and accepted this Committee vacancy.
4
Motion was made and carried that the budget as set up and approved by the
original Budget Committee also met with the approval of the new Committee
and the budget was signed in four copies according to signed copy attached
to the minutes of this meeting. •
Chairman, BudgetfommLittee
TIGARD WATER DISTRICT
Tigard, Oregon
NOTICE IS HEREBY GIVEN THAT THE Tax Budget Committee of Tigard Water District,
Washington County, Oregon, has certified and adopted the following tax budget for
the District for the year ending 1950, providing for a tax levy of Twenty-six
hundred and 00/100 dollars (42600.00); that the Board of Commissioners for said
District will hold a meeting for the public discussion thereof at the Grade School
at Tigard, Oregon, within the District, at 8:00 o'clock p.m. Wednesday, June 22,
1949; that the said District has outstanding as of June 30, 1949 current general
obligation bonds in the total amount of 435,000.00.
1949-1950
Actual for Fiscal Years 1948-1949 Approved
July 1, '46 to July 1, '47 to First by Budget
June 30, 147 June 30, 1948 6 months Budget Fund & Class. Committee
RECEIPTS
Bond Sales $150000.0019
740.00 740.00 Bond 740.00
901.12 Savings Account 2,400.00
6,753.91 6,008.90 Bonds Cashed -
3,476.12 2,950.07 3,212.16 1,500. General Fund 4,000.000
9,679.56 10,248.96 5,916.23 9,600. Water 11,350.00
482.25 1,192.17 648.01 960. Service Install. 2,000.00
2,355.22 2,348.69 410.72 2,600. Taxes 2,600.00
168.67 18.86 Miscellaneous
$22,747.06 ;23,657.46 411,847.10 $14,660. TOTAL RECEIPTS 038,090.00
EXPENDITURES
6,511.78 1,929.19 646.42 2,000. Water $2,000.00 -
1,149.69 1,015.25 601.16 1,500. Materials & Supp. 1,700.00
2,597.60 3,022.37 1,808.33 3,500. Salaries 3,500.00
1,281.89 97$.39 751.94 500. Other Expense 1,250.00
5,758.22 9,516.35 979.69 2,810. Constr. & Imprvmt.20,000.00
25.00 500. New Equip-Truck 250.00,.
1,000.00 1,000.00 1,000.00 1,000. Bond 1,000.00
, , 1,381.37 1,343.75 650.00 1,350. Interest 1,250,00 /
2,950.07 3,212.16 4,513.44 1,500. General Fund 4,000.00 it
,980.00 1.31.12 Savings Account 2,400.00(9
749.00
,400.00 9
740.00 740.00 Bond 740.00
$22,630.62* ;23,657.46* $11,847.10 $14,660. TOTAL EXPENDITURES38,090.00
Tote: Figures for fiscal years 1946-1947 and 1947-1948
taken from Auditor's reports.
TIGARD WATER DISTRICT
Approved by Budget Committee May 17, 1949
consisting of
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