Resolution - 05/09/1989 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 1989-90
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 $150, 000 and these taxes are hereby levied upon all taxable
property within the Tigard Water District as of 1: 00 a.m. , January
1, 1989.
3. BE IT RESOLVED that the amounts for the fiscal year begin-
ning July 1, 1989, and for the purposes shown below, are hereby
appropriated as follows:
GENERAL FUND
Personal Services $ 690, 900
Material & Services 1, 279 , 000
Capital Outlay 714, 800
Transfer to Capital Projects Reserve 250, 000
Operating Contingency 500, 000
Net Unappropriated Fund Balance 579 , 500
TOTAL: $4, 014 ,200
DEBT SERVICE FUND
Principal payments (FY 1989-90) $ 140, 000
Interest payments (FY 1989-90) 52, 322
Unappropriated Ending Fund Balance23, 678
TOTAL: $ 216, 000
CAPITAL PROJECTS RESERVE FUND II
Reserved for Future Expenditure $ 270, 000
TOTAL: $ 270, 000
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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 and county assessor
of Washington County, Oregon and the Oregon Department of Revenue
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 9 , 1989 .
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Robert
' 'Robert C. Bledsoe
Chairman
Board of Commissioners
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