Resolution Adopting Budget, Making Appropriations, and Levying Taxes RESOLUTION ADOPTING BUDGET. MAKING APPROPRIATIONS, AND LEVYING TAXES
1. BE IT RESOLVED that the Board of Commissioners, Tigard
Water District, hereby adopts the budget approved by the budget com-
mittee on May 11, 1976 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 resolution in the aggregate amount of
$118,250 and these taxes are hereby levied upon all taxable property
within the Tigard Water District as of 1 a.m., January 1, 1976.
3. BE IT RESOLVED that the amount for the fiscal year be-
ginning July 1, 1976, and for the purposes shown below are hereby
appropriated as follows:
GENERAL FUND
Personal Services $ 208,800
Material and Services 308,400
Capital Outlay 118,400
vow Bond Sinking Fund 271,200
Net Unappropriated Fund Balance 55,500
Total: $ 962,300
BONDED DEBT FUND
Principal payments (FY1976-7) $ 101,000
Interest payments (FY1976-7) 119,862
Other charges 500
Principal payments (FY1977-8) 102,000
Interest payments (FY1977-8) 87,390
$ 410,752
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RESOLUTION ADOPTING BUDGET (Continued)
BOND CONSTRUCTION FUND
Personal Services $ 10,000
Material and Services 290,000
Capital Outlay 1,060,000
Ending Fund Balance 580,000
Total: $ 1,940,000
4. BE IT RESOLVED that the Board of Commissioners, Tigard
Water District, certifies to the county clerk (or other recording
officer), county assessor (or other assessing officer) 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 by the Board of Commissioners, Tigard Water District,
on June 8, 1976.
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/L/t
Don W. Thomas
Chairman
Board of Commissioners