Tigard Water District Notice of Public Hearing on the Proposed FY 2019-2020 Budget

Tigard Water District Notice of Public Hearing on the Proposed FY 2019-2020 Budget The Tigard Water District will hold a Public Hearing on its proposed Fiscal Year 2019-2020 budget during its Board of Commissioners Meeting on May 7, 2019 at 7:00 PM in the Tigard Library at 13500 SW Hall Blvd. in Tigard, Oregon. Copies of the proposed budget will be available to the public on April 27, 2019 at the Tigard Public Library. This budget has been prepared on accrual based accounting principles as in prior years. The 2019-2020 Budget expects revenue from the District’s share of water revenues in its boundaries to be $220,464, which is an increase over last year’s budget amount due to increases from the new water intergovernmental agreement. Interest earnings are expected to increase to $8,380. The District receives no other significant revenues. The District’s budget requirements are expected to be $35,336 for Materials and Services and $5,300 for Contingencies. This compares to $53,004 and $7,951 respectively in the 2018-2019 Budget. The 2019-2020 Budget also includes a Reserve Fund of $150,000. Publish April 25, 2019. TT105756

ad: 105756

Publication: OPC Legals 2

Section: Legals

Start Date: 2019/04/25

End Date: 2019/04/25

Owner: Tigard Water District

City: PORTLAND

County: Washington