Resolution 96-01 Tigard Water District
Resolution No.96-_01
A RESOLUTION OF THE TIGARD WATER DISTRICT APPROVING THE BUDGET AND MAKING
APPROPRIATIONS FOR FISCAL YEAR 1996/97.
Whereas, the budget for the Tigard Water District for the year beginning July 1, 1996 was duly approved
and recommended to the District board by the regularly constituted budget committee at its meeting on
the May 13, 1996, 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 24, 1996, 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 1996/97 in the total sum of$30,000.
Section 2; The amount for the fiscal year beginning July 1, 1996 and for the purposes
shown below are hereby appropriated as follows:
General Fund
Materials And Services 21,810
Contingency 8.190
Total 30,000
This Budget is hereby adopted and appropriated by the Board of Commissioners, Tigard Water District,
on June 24, 1996.
Tigard <ter Distri
Tigard
Norm Penner, Board Chair
ate
ATTEST:
(7.11 .6)
I
Lou Ane Mortensen
Budget Officer
i
April 29,1996 Tigard Water District
Adopted Budget
General Fund 1996/97
Actual Adopted Proposed Approved
Resources 1994/95 1995/96 1996/97 1996/97
Revenues
One Percent Water Sales 7,348 7,700 8,165 8,165
Recovered Expenditures 323 0 0 0 •
Interest Earnings 1,341 1,500 1,800 1,800
Total Revenues 9,012 9,200 9,965 9,965
Beginning Balance 30,670 24,000 20,035 20,035
Total Resources 39,681 33,200 30,000 30,000
Expenditures
Personnel 0 0 0 0
Materials and Services
Attorney 541 2,300 1,050 1,050
Financial Reveiw 10 0 10 10
Election Costs 759 0 800 800
Meeting Notice 131 600 600 600
Public Relations 0 4,000 4,000 4,000
BoundraryCommission Dues 3,226 3,400 800 800
Special District Assoc Dues 100 100 100 100
Meeting/Staff Support 4,776 7,800 7,800 7,800
Special Districts Assoc conference 0 400 400 400
TraveVFood & Lodging 0 650 650 650
Insurance 2,928 2,600 2,600 2,600
Engineering Services 0 2,500 2,500 2,500
Misc 0 500 500 500
Total Materials and Services 12,472 24,850 21,810 21,810
Capital Outlay 0 0 0 0
Total Expenditures 12,472 24,850 21,810 21,810
Contingency 0 8,350 8,190 8,190
Total Appropriations 12,472 33,200 30,000 30,000
Projected Ending Fund Balance 27,209 0 0 0
J:IUSERSWANCYJIEXCELICITY\BUDGET\97TWDBGT.XLS,G.F. 6/21/96 12:35 PM
April 29, 1996 Tigard Water District
Proposed Budget
Debt Service Fund 1996/97
Actual Adopted Proposed Approved
Resources 1994/95 1995/96 1996/97 1996/97
Revenues
Property Tax Collections 35,728 32,585 0 0
Interest Earnings 972 0 0 0
Total Resources 36,700 32,585 0 0
Expenditures
Interest 11,083 1,629 0 0
Principal 26,740 30,956 0 0
Total Expenditures 37,823 32,585 0 0
Projected Ending Balance -1,123 0 0 0
Property Tax Summary
Debt Service Requirements 27,895 32,158 0 0
Collection Rate 94% 94% 0% 0%
Levy Required to produce requiremens 29,676 34,211 0 0
Projected Assessed Value 403,753,000 535,566,065
Projected Tax Rate per $1,000 NV 0.073 0.064
Impact on Home valued @ $100,000 7.35 6.39 0 0
J:\USERS\NANCYJ\EXCEL\CITY\BUDGET\97 WDBGT.XLS,DBT SVC 6/21/96 12:36 PM