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05/13/1980 - Resolution Noe RESOLUTION ADOPTING BUDGET, MAKING APPROPRIATIONS, AND LEVYING TAXES 1. BE IT RESOLVED that the Board of Commissioners, Tigard Water District, hereby adopts the budget for Fiscal Year 1980-81 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 resolu- tion in the aggregate amount of $253, 000 and these taxes are hereby levied upon all taxable property within the Tigard Water District as of 1: 00 a. m. , January 1, 1980 . 3. BE IT RESOLVED that the amount for the fiscal year beginning July 1, 1980, and for the purposes shown below are hereby appropriated as follows: GENERAL FUND Personal Services $ 426, 800 Material and Services 850, 700 Capital Outlay 464 , 400 Operating Contingency 4, 100 Bond Sinking Fund 120, 000 Net Unappropriated Fund Balance200, 000 TOTAL: $2, 066, 000 BOND SINKING FUND Principal payments (FY 1980--81) $ 180, 000 Interest payments (FY 1980-81) 134 , 851 Other charges 405 Principal payments (FY 1981-82) 46, 000 Interest payments (FY 1981-82) 62, 944 TOTAL: $ 424 , 200 -la- • RESOLUTION ADOPTING BUDGET (Continued) 4. BE IT RESOLVED that the Board of Commissioners, Tigard Water District, certifies to the county clerk, county assessor 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 and appropriated by the Board of Couullis-- sioners, Tigard Water District, on May 13, 1980 . Jonathan K. Dueker Chairman Board of Commissioners -2a-