Resolution Adopting Budget, Making Appropriations, and Levying Taxes 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
May 13, 1975 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 $87,560
and that these taxes are hereby levied upon all taxable property within
the Tigard Water District as of 1 a.m., January 1, 1975.
3. BE IT RESOLVED that the amount for the fiscal year beginning
July 1, 1975, and for the purposes shown below are hereby appropriated
as follows:
GENERAL FUND
Personal Services $ 177,000
Material and Services 286,800
Capital Outlay 193,400
Bond Sinking Fund 124,800
Net Unappropriated Fund Balance 50,000
Total: $ 832,000
BONDED DEBT FUND
Principal payments (FY75-76) $ 95,000
Interest payments (FY75-76) 63,574
Other charges 8,760
Principal payments (FY76-77) 46,000
Interest payments (FY76-77) 29,932
Total: $ 243,266
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RESOLUTION ADOPTING BUDGET (Continued)
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 10, 1975. /'
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R. Verne Wheelwright
Chairman, Board of Commissioners
440,
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