Loading...
Resolution - 05/13/1986 TIGARD WATER DISTRICT 8841 S. W. COMMERCIAL ST. TIGARD,OREGON 97223-6290 PHONE (503) 639-1554 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 1986-87 now on file in the office of 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 resolution in the aggregate amount of $255, 000 and these taxes are hereby levied upon all taxable property within the Tigard Water District as of 1 : 00 a.m. , January 1, 1986 . 3 . BE IT RESOLVED that the amounts for the fiscal year beginning July 1, 1986, and for the purposes shown below, are hereby appropriated as follows : GENERAL FUND Personal Services $ 537 , 100 Material & Services 1,046 , 700 Capital Outlay 659, 800 Operating Contingency 200, 000 Transfer to Capital Projects Reserve Fund 300 , 000 Net Unappropriated Fund Balance446 , 400 TOTAL: $3,190 , 000 DEBT SERVICE FUND Principal payments (FY 1986-87) $218 , 000 Interest payments (FY 1986-87) 77, 037 Other charges 562 Principal payments (FY 1987-88) 20, 000 Interest payments (FY 1987-88) 33, 401 TOTAL: $349, 000 -la- RESOLUTION ADOPTING BUDGET (Continued) CAPITAL PROJECTS RESERVE FUND Reserved for Future Expenditure $384, 800 TOTAL: $384 , 800 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 Commissioners, Tigard Water District, on May 13, 1986 . fo&& -?'- 6-6i°42-`e Robert C. Bledsoe Chairman Board of Commissioners -2a-