Resolution - 05/12/1981 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 1981-82 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 $307, 000 and these taxes
are hereby levied upon all taxable property within the
Tigard Water District as of 1: 00 a. m. , January 1, 1981.
3. BE IT RESOLVED that the amount for the fiscal
year beginning July 1, 1981, and for the purpose shown
below are hereby appropriated as follows:
GENERAL FUND
Personal Services $ 443,500
Material and Services 1,050, 500
Capital Outlay 567, 000
Operating Contingency 12 , 000
Transfer to Bond Sinking Fund 27,000
Net Unappropriated Fund Balance300,000
TOTAL: $2, 400,000
BOND SINKING FUND
Principal payments (FY 1981-82) $ 191, 000
Interest payments (FY 1981-82) 125, 887
Other charges 353
Principal payments (FY 1982-83) 47,000
Interest payments (FY 1982-83) 58,260
TOTAL: $ 422,500
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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,
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 Commis-
sioners, Tigard Water District, on May 12 , 1981.
Clarence F. Nicoli
Chairman
Board of Commissioners
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