04/28/1997 - Budget Packet TIGARD WATER DISTRICT
BOARD D of COMMISSIONERS MEETING
Serving the Unincorporated area
BUDGET MEETING
Monday
APRIL 28, 1997
6:00 PM
Tigard Water Building
Auditorium
8777 SW Burnham Rd
Tigard, Oregon
• •.
April 23, 1997
Members of the Budget Committee
Tigard Water District
8777 SW Burnham Street
Tigard, Oregon 97223
Included herein is the proposed budget for the Tigard Water District for the fiscal year 1997/98.
The budget proposal is very similar to the 1996/97 budget adopted by the Board in June 1996.
The Tigard Water District budget used to include all operations and debt service of the entire
Tigard water system. However due to the withdrawal of the Cities from the District in January
1994, the remaining Tigard Water District budget only includes the activities of the Tigard Water
District Board. All other water activities are now included in the City of Tigard annual Budget.
The proposed budget includes as it's main source of funding an estimated beginning balance of
$29,000. Revenues anticipated during the year are estimated at$10,100 which provides a total of
$39,100 in resources at the discretion of the Board.
The proposed budget provides $2,500 for engineering services and $4,000 in publicity costs
which were included in last years budget but never spent. In addition, the proposal includes
$5,000 for City staff support for Water District Board activities.
Outstanding water debt has matured and has been paid. There is therefore no debt service levy
needed and the there is no budget necessary for the debt service fund.
The budget committee must pass a motion to approve the proposed budget as amended by the
committee before it can be sent on to the Tigard Water Board. Once approved by the budget
committee, the budget will be advertised and presented to the Tigard Water District Board at a
hearing in June for final adoption.
Respectfully submitted
John Haunsperger
Budget Officer, Tigard Water District
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4/23/97 Tigard Water District
Proposed Budget
General Fund 1997/98
Actual Actual Adopted Actual as of Proposed
Resources 1994/95 1995/96 1996/97 4/17/97 1997/98
Revenues
One Percent Water Sales 7,348 7,777 8,165 8,045 8,300
Interest Earnings 1,341 1,653 1,800 1,117 1,800
Recovered Expenditures 323 0 0 0
Total Revenues 9,012 9,430 9,965 9,162 10,100
Beginning Balance 30,670 27,209 20,035 27,209 29,000
Total Resources 39,681 36,639 30,000 36,371 39,100
Expenditures
Personnel 0 0 0 0 0
Materials and Services
Attorney 541 50 1,050 219 1,050
Financial Reveiw 10 0 10 30 30
Election Costs 759 0 800 706 800
Meeting Notice 131 153 600 14 300
Public Relations 0 4,000 4,000
BoundraryCommission Dues 3,226 796 800 910 910
Special District Assoc Dues 100 100 100 100 100
Meeting/Staff Support 4,776 4,380 7,800 901 5,000
Special Districts Assoc conference 0 400 400
Travel/Food & Lodging 0 650 650
Insurance 2,928 2,291 2,600 1,659 1,800
Engineering Services 0 2,500 2,500
Misc 0 500 500
Total Materials and Services 12,472 7,770 21,810 4,539 18,040
Capital Outlay 0 0 0 0 0
Total Expenditures 12,472 7,770 21,810 4,539 18,040
Contingency 0 0 8,190 0 8,200
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Total Appropriations 12,472 7,770 30.000 , .4,539 26,240
Ending Fund Balance 27,209 28,869 0 31,832 12,860
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4/23/97 Tigard Water District
Proposed Budget
Debt Service Fund 1997/98
Actual Actual Adopted Actual as of Proposed
Resources 1994/95 1995/96 1996/97 4/17/97 1997/98
Revenues
Property Tax Collections 35,728 34,785 0 743 0
Interest Earnings 972 1,142 0 1,172 0
Total Resources 36,700 35,927 0 1,915 0
Expenditures
Interest 11,083 1,629 0 0 0
Principal 26,740 30,956 0 0 0
Total Expenditures 37,823 32,585 0 0 0
Ending Fund Balance -1,123 3,342 0 1,915 0
Property Tax Summary
Debt Service Requirements 27,895 32,158 0 0 0
Collection Rate 94% 94% 0% 0% 0%
Levy Required to produce requiremens 29,676 34,211 0 0 0
Projected Assessed Value 403,753,000 535,566,065
Projected Tax Rate per$1,000 AN 0.073 0.064
Impact on Home valued @ $100,000 7.35 6.39 0 0 0
Tigard Water District
Proposed 1997/98 FY Budget
Expenditures Details
Attorney Estimated 1 hour per meeting @ $175 per hour.
Election Costs No planned elections this fiscal year.
Advertising Publication of board meetings, unplanned elections, budget
committee and budget hearing notices.
Rate Cost
Staff Support Accounting 1 hours per month 29.64 356
Budget 14 hours total 45.26 634
Ed Wegner 6 hours total 47.47 285
Mike Miller 3 hours per month 32.87 1,183
Diane Kuhn 4 hours per month 18.30 878
Other if Needed 1,664
5,000
Debt Service All debt was paid off January 1, 1996
SDAO Conference 2 Members attend at $200 each
Travel etc. 2 Members at SDAO Conference room and broad for 3
nights.
Contingency Estimated at 10% of operating budget
Tigard Water District
Resolution No. 97-_
A RESOLUTION OF THE TIGARD WATER DISTRICT APPROVING THE BUDGET AND MAKING
APPROPRIATIONS FOR FISCAL YEAR 1997/98.
Whereas, the budget for the Tigard Water District for the year beginning July 1, 1997 was duly approved and
recommended to the District board by the regularly constituted budget committee at its meeting on the April
28, 1997,after proceedings in accordance with Chapter 294, Oregon Revised Statutes; and
Whereas a summary of the budget document as required by Chapter 294.416 was duly published in the
Tigard Times in accordance with Chapter 294.421;and
Whereas a hearing by the Tigard Water District board on the budget document, as approved by the budget
committee, was duly called and held on June 23, 1997, whereat all interested persons were afforded an
opportunity to appear and be heard with respect to the budget.
NOW,THEREFORE, BE IT RESOLVED by the Tigard Water District Board that:
Section 1: The Board adopts the budget for 1997/98 in the total sum of$26,240.
Section 2: The amount for the fiscal year beginning July 1, 1997 and for the purposes shown
below are hereby appropriated as follows:
General Fund
Materials And Services 18,040
Contingency 8,200
Total 26,240
This Budget is hereby adopted and appropriated by the Board of Commissioners, Tigard Water District, on
June 23, 1997.
Tigard Water District
Norm Penner, Board Chair
Date
ATTEST:
John Haunsperger
Budget Officer