Resolution Adopting Budget, Making Appropriations, and Levying Taxes Aro
RESOLUTION ADOPTING BUDGET. MAKINGAPPROPRIATIONS. 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
May 14, 1974 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 resolution in the aggregate amount of $66,000
and that these taxes are hereby levied upon all taxable property within
the Tigard Water District as of 1 a.m., January 1, 1974.
3. BE IT RESOLVED that the amount for the fiscal year beginning
July 1, 1974, and for the purposes shown below are hereby appropriated
as follows:
GENERAL FUND
Aro
Personal Services $ 152,000
Material and Services 186,520
Capital Outlay 153,640
Bond Sinking Fund 111,840
Capital Projects Reserve Fund 6,000
Repayment of Loan 18,000
Total: $ 628,000
BONDED DEBT FUND
Principal payments (FY74-75) $ 93,000
Interest payments (FY74-75) 67,199
Other charges 6,800
Principal payments (FY75-76) 45,000
Interest payments (FY75-76) 31,787
Total: $ 243,786
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INF
RESOLUTION ADOPTING BUDGET (Continued)
DEVELOPERS FUND
Material & Contractural Services $ 69,200
Transfer to General Fund 50,800
Total: $ 120,000
CAPITAL PROJECTS RESERVE FUND
Construction, material, engineering,
construction services $ 25,320
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Total: $ 25,320
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 June 11, 1974.
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Claience F. Nicoli
Chairman