Loading...
Resolution 96-01 Tigard Water District Resolution No.96-_01 A RESOLUTION OF THE TIGARD WATER DISTRICT APPROVING THE BUDGET AND MAKING APPROPRIATIONS FOR FISCAL YEAR 1996/97. Whereas, the budget for the Tigard Water District for the year beginning July 1, 1996 was duly approved and recommended to the District board by the regularly constituted budget committee at its meeting on the May 13, 1996, after proceedings in accordance with Chapter 294, Oregon Revised Statutes;and Whereas a summary of the budget document as required by Chapter 294.416 was duly published in the Tigard Times in accordance with Chapter 294.421;and Whereas a hearing by the Tigard Water District board on the budget document, as approved by the budget committee, was duly called and held on June 24, 1996, whereat all interested persons were afforded an opportunity to appear and be heard with respect to the budget. NOW, THEREFORE, BE IT RESOLVED by the Tigard Water District Board that: Section 1: The Board adopts the budget for 1996/97 in the total sum of$30,000. Section 2; The amount for the fiscal year beginning July 1, 1996 and for the purposes shown below are hereby appropriated as follows: General Fund Materials And Services 21,810 Contingency 8.190 Total 30,000 This Budget is hereby adopted and appropriated by the Board of Commissioners, Tigard Water District, on June 24, 1996. Tigard <ter Distri Tigard Norm Penner, Board Chair ate ATTEST: (7.11 .6) I Lou Ane Mortensen Budget Officer i April 29,1996 Tigard Water District Adopted Budget General Fund 1996/97 Actual Adopted Proposed Approved Resources 1994/95 1995/96 1996/97 1996/97 Revenues One Percent Water Sales 7,348 7,700 8,165 8,165 Recovered Expenditures 323 0 0 0 • Interest Earnings 1,341 1,500 1,800 1,800 Total Revenues 9,012 9,200 9,965 9,965 Beginning Balance 30,670 24,000 20,035 20,035 Total Resources 39,681 33,200 30,000 30,000 Expenditures Personnel 0 0 0 0 Materials and Services Attorney 541 2,300 1,050 1,050 Financial Reveiw 10 0 10 10 Election Costs 759 0 800 800 Meeting Notice 131 600 600 600 Public Relations 0 4,000 4,000 4,000 BoundraryCommission Dues 3,226 3,400 800 800 Special District Assoc Dues 100 100 100 100 Meeting/Staff Support 4,776 7,800 7,800 7,800 Special Districts Assoc conference 0 400 400 400 TraveVFood & Lodging 0 650 650 650 Insurance 2,928 2,600 2,600 2,600 Engineering Services 0 2,500 2,500 2,500 Misc 0 500 500 500 Total Materials and Services 12,472 24,850 21,810 21,810 Capital Outlay 0 0 0 0 Total Expenditures 12,472 24,850 21,810 21,810 Contingency 0 8,350 8,190 8,190 Total Appropriations 12,472 33,200 30,000 30,000 Projected Ending Fund Balance 27,209 0 0 0 J:IUSERSWANCYJIEXCELICITY\BUDGET\97TWDBGT.XLS,G.F. 6/21/96 12:35 PM April 29, 1996 Tigard Water District Proposed Budget Debt Service Fund 1996/97 Actual Adopted Proposed Approved Resources 1994/95 1995/96 1996/97 1996/97 Revenues Property Tax Collections 35,728 32,585 0 0 Interest Earnings 972 0 0 0 Total Resources 36,700 32,585 0 0 Expenditures Interest 11,083 1,629 0 0 Principal 26,740 30,956 0 0 Total Expenditures 37,823 32,585 0 0 Projected Ending Balance -1,123 0 0 0 Property Tax Summary Debt Service Requirements 27,895 32,158 0 0 Collection Rate 94% 94% 0% 0% Levy Required to produce requiremens 29,676 34,211 0 0 Projected Assessed Value 403,753,000 535,566,065 Projected Tax Rate per $1,000 NV 0.073 0.064 Impact on Home valued @ $100,000 7.35 6.39 0 0 J:\USERS\NANCYJ\EXCEL\CITY\BUDGET\97 WDBGT.XLS,DBT SVC 6/21/96 12:36 PM