Notice Bud Hearing 06/14/2004
FORM
UR-1
NOTICE OF BUDGET HEARING
A meeting of the
oa.m.
at fi'10 OOp.m. at Woodburn City
Woodburn Urban Renewal Aqency
(Governing Body)
will be held on
June 14
(Date)
.2004
Hall Council Chambers
(Location)
. The purpose of this meeting is to discuss the budget for
the fiscal year beginning July 1, 2004 as approved by the Woodburn Urban Renewal Agency
(Agency)
Budget Committee.
A summary of the budget is presented below. A copy of the budget may be inspected or obtained at Wood bu rn City Ha 11
270 Montgomery St.. Woodburn
(Street Address)
between the hours of 8: 00 am and 5: 00 pm. This budget was prepared on
a basis of accounting that is IDconsistent; 0 not consistent with the basis of accounting used during the preceding year. Major changes,
if any, and their effect on the budget, are explained below. This budget is for: ~ Annual Period 0 2-Year Period
County C~y Chairperson of Governing Body Telephone Number
Marion Woodburn Kathryn Figley (503) 982-5222
FINANCIAL SUMMARY
nCheck this box if your TOTAL OF ALL FUNDS Adopted Budget Approved Budget
budget only has one fund. This Year-2003-2004 Ne~Year-2004-2005
1. Total Personal Services -- --
... .no.. nO"O U' __. n_ _n'" ._.....__ _n__' on'" u._o_ n._
2. Total Materials and Services -- --
n_... nO ...... n. on nO ...... n. ._. n_ on n_.......n.
3. Total Capital Outlay _'_.n.....n......______n........n_________............______.... -- --
Anticipated 4. Total Debt Service ..._...___n..................................______............n..... 100.000 896.000
Requirements 5. Total Transfers -- --
n__.............______....__..................__........_.....n_..........
6. Total Contingencies -- --
..............................................-.....................
7. Total All Other Expenditures and Requirements -- --
......._nn........
B. Total Unappropriated Ending Fund Balance 5.000 --
_........_n.........____.
9. Total Requirements - add lines 1 throuah B .......n.............. 105.000 896.000
Anticipated 10. Total Resources Except Urban Renewal Taxes -- 285.000
_...n........._....
Resources 11, Total Urban Renewal Taxes Estim'd from Division of Tax .... 105.000 611 ,000
12, Total Urban Renewal Taxes Estimated from Special Levy___. -- ---
13, Total Resources - add lines 10, 11 and 12 --.........-....----..... 105.000 896 000
STATEMENT OF INDEBTEDNESS
ijJ None
Debt Outstanding
o As Summarized Below
o None
Debt Authorized, Not Incurred
o As Summarized Below
PUBLISH BELOW ONL V IF COMPLETED
Estimated Debt Outstanding at the Estimated Debt Authorized, Not Incurred at the
Long-Term Debt Beginning of the Budget Year Beginning of the Budget Year
July 1, 2004-2005 Approved Budget Year July 1, 2004-2005 Approved Budget Year
Bonds ____..._____.______...___,____.______n'
Interest Bearing Warrants ______
Other ...______.________ ...._____ __.___ n.......
Total Indebtedness _____,..___..____
Short. Term Debt
This budget includes the intention to borrow in anticipation of revenue ("Short-Term Borrowing") as summarized below:
FUND LIABLE Estimated Amount Estimated Estimated
to be Borrowed Interest Rate Interest Cost
150.504.076.2 (Rev. 12.03)