04/27/1998 - Budget Packet TIGARD WATER DISTRICT
BOARD of COMMISSIONERS MEETING
Serving the Unincorporated Area
BUDGET MEETING
Monday
APRIL 27, 1998
6:00 PM
Tigard Water Building
Auditorium
.
87. 77 SW Burnham Rd
Tigard, Oregon
April 21, 1998
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 1998/99.
The budget proposal is very similar to the 1997/98 budget adopted by the Board in June 1997.
Staff support has been increased to $5,000 and the appropriation for public relations remains at
the higher level due to the anticipation of more activity surrounding the Willamette river project.
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
$35,000. Revenues anticipated during the year are estimated at $10,800 which provides a total of
$45,800 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 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
Dave Strauss
Budget Officer, Tigard Water District
4/21/98 Tigard Water District
Proposed Budget
General Fund 1998/99
Actual Actual Adopted Proposed Approved Adopted
Resources i 995/96 1996/97 1997/98 1998/99 1998/99 1998/99
Revenues
One Percent Water Sales 7,777 8,044 8,300 9,300
Interest Earnings 1,653 1,516 1,800 1,500
Recovered Expenditures 0 0 0 0
Total Revenues 9,430 9,560 10,100 10,800 0 0
Beginning Balance 27,209 28,870 29,000 35,000
Total Resources 36,639 38,430 39,100 45,800 0 0
Expenditures
Personnel 0 0 0 0 0 0
Materials and Services
Attorney 50 219 1,050 1,050
Financial Reveiw 0 30 30 30
Election Costs 0 706 800 800
Meeting Notice 153 46 300 300
Public Relations 1,261 4,000 4,000
BoundraryCommission Dues 796 910 910 910
Special District Assoc Dues 100 100 100 100
Meeting/Staff Support 4,380 2,096 3,336 5,000
Special Districts Assoc conference 400 400
Travel/Food& Lodging 650 650
Insurance 2,291 1,659 1,800 2,000
Engineering Services 2,500 2,500
Misc 500 500
Total Materials and Services 7,770 7,027 16,376 18,240 0 0
Capital Outlay 0 0 0 0 0 0
Total Expenditures 7,770 7,027 16,376 18,240 0 0
Contingency 0 0 1,638 2,700 0 0
Total Appropriations 7,770 7,027 18,014 20,940 0 0
Ending Fund Balance 28,869 31,403 21,086 24,860 0 0
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4/21/98 Tigard Water District
Proposed Budget
Debt Service Fund 1998/99
Actual Actual Adpoted Proposed Approved Adpoted
Resources 1995/96 1996/97 1997/98 1998/99 1998/99 1998/99
Revenues
Property Tax Collections 34,785 8,044 0 0 0 0
Interest Earnings 1,142 1,516 0 0 0 0
Total Resources 35,927 9,560 0 0 0 0
28,870
Expenditures
Interest 1,629 0 0 0 0 0
Principal 30,956 0 0 0 0 0
Total Expenditures 32,585 0 0 0 0 0
Ending Fund Balance 3,342 9,560 0 0 0 0
219
30
706
46
1261
Property Tax Summary 910
2096
Debt Service Requirements • 32,158 0 0 0 0
Collection Rate 94% 0% 0% 0% 0%
Levy Required to produce requiremens 34,211 1,659 0 0 0 0
Projected Assessed Value 535,566,065
Projected Tax Rate per$1,000 A/V 0.064
Impact on Home valued @ $100,000 6.39 0 0 0 0 0
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Tigard Water District
Proposed 1998/99 FY Budget
Expenditure 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 board for 3
nights.
Contingency Estimated at 15% of operating budget
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