05/14/2007 - Budget Minutes TIGARD WATER DISTRICT
BUDGET COMMITTEE MEETING
Serving the Unincorporated Area
Tigard Public Library
13500 SW Hall Blvd.,Tigard
Monday,May 14,2007
6:30 p.m.
Members Present: Beverly Froude,George Rhine,Janet Zeider, and Charles Radley
(arrived 6:39 p.m.)
Members Absent: None
Citizen Members Present: Virginia Babcock,Ken Henschel,Isador Morgavi,Julie Russell,
and Wynne Wakkila
Citizen Members Absent: None
Staff Present: Brian Rager,Roger Dawes, Greer Gaston,and Joy Koss
1. Call to Order,Roll Call and Introductions
Budget Committee Officer,George Rhine,called the meeting to order at 6:31 p.m. All board
members were in attendance.
2. Appointment of Budget Committee Members
This topic was placed on the agenda in error. Members of the Budget Committee were appointed
at the Tigard Water District (TWD) meeting held April 23,2007. No discussion occurred.
3. Budget Message and Proposed Budget
The Budget Message and Proposed Budget was provided by Management Analyst,Michelle
Wareing, and mailed to members of the Budget Committee prior to this meeting.
4. 2007/2008 Fiscal Year Budget Discussion
Members of the Budget Committee and staff discussed the following topics:
• Whether the TWD should appropriate all available funds and discussion as to whether the
TWD should have expenditures that exceed annual revenues
• Public Relations (goal carry over)
• Consultant Services'<how the estimate was calculated and a suggestion to increase this line
item to$12,000)
• Meeting/Staff Support(with regard to IGA requirements,conflict of interest issues for City
of Tigard staff,and a suggestion to decrease this line item to$10,000)
• Financial Review(suggestion to allocate$5,000 for yearly audit)
• Balanced budget concept(Budget Committee member,Isador Morgavi,handed csut a four
page document providing historical review of revenue/expense compared to proposed
budget to the committee. This document is on file in the TWD record.)
• Miscellaneous (should this line item be reduced to cover specific anticipated expenditures)
• Appropriations (should all TWD resources be appropriated)
Tigzrd Water District 1 May 15, 2007
Budget Cmritt.rMeeting
• Contingency(proposal to place $10,000 in this line item)
• Ending Fund Balance (proposal to leave$41,000)
Wynne Wakkila motioned to approve the proposed budget with the following modifications: leave
$998 in Miscellaneous,move$10,000 to Contingency and place remaining$46,000 into Ending Fund
balance. Ken Henschel seconded the motion,but amended the motion to move$5,000 to Financial
Review,thereby leaving an Ending Fund Balance of$41,000. Eight members of the TWD Budget
Committee voted in favor,with the exception of Isador Morgavi who abstained.
5. Public Hearing and Discussion
See notes under Item 4 above.
6. Budget Recommendation and Approval
See notes under Item 4 above.
7. Adjournment
At 7:18 p.m. Julie Russell motioned to adjourn the meeting; Virginia Babcock seconded the
motion. The motion was approved by unanimous vote.
Joy Koss,TWD Recorder
Date: �y7 � �-Lmoo -7
Tigard Water District 2 May 15,2007
Budget Cwraritur Mewing