Notice of Hearing 06/13/2005
FORM
UR-1
NOTICE OF BUDGET HEARING
A meeting of the Woodburn Urban Renewal Aqency
will be held on June 13
,2005
(Governing Body) (Date)
Da,m.
at 6: 45 ){)'p.m. at Wood bu rn City Ha 11 Cou nc il Chambe rs . The purpose of this meeting is to discuss the budget for
(Location)
thefiscalyearbeginningJuly1,2005 as approved by the Woodburn Urban Renewal Aqency
Budget Committee,
(Agency)
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>rnconsistent; 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: IXb<Annual Period 0 2-Year Period
Ma ri on
Woodburn
Telephone Number
( 50Y 982-5222
County
Cily
FINANCIAL SUMMARY
D Check this box if your TOTAL OF ALL FUNDS Adopted Budget Approved Budget
budget only has one fund. This Year-2004-2005 Next Year-2005-2006
1. Total Personal Services -- --
.............................................................
2. Total Materials and Services -- --
...n..................................................
3. Total Capital Outlay -- --
.....................................................................
Anticipated 4, Total Debt Service ......................................,.........................,...... 896.000 1,25/ ,500
Requirements 5, Total Transfers -- --
................n..........................................................
6, Total Contingencies -- --
....................................................................
7, Total All Other Expenditures and Requirements -- --
..n................
8, Total Unappropriated Ending Fund Balance -- --
...........................
9, Total Reauirements - add lines 1 throuQh 8 ....................... 896.000 1,257,500
Anticipated 10, Total Resources Except Urban Renewal Taxes -................... 285 000 927,500
Resources 11, Total Urban Renewal Taxes Estim'd from Division of Tax .... 611 000 330,000
12, Total Urban Renewal Taxes Estimated from Special Levy.... -- --
13, Total Resources - add lines 10,11 and 12 ......................... 896.000 1~257,500
STATEMENT OF INDEBTEDNESS
00 None
Debt Outstanding
o As Summarized Below
00 None
Debt Authorized, Not Incurred
o As Summarized Below
PUBLISH BELOW ONL V IF COMPLETED
Estimated Debt Outstanding atthe Estimated Debt Authorized, Not Incurred at the
Long-Term Debt Beginning of the Budget Year Beginning of the Budget Year
July 1, 2005-2006 Approved Budget Year July 1, 2005-2006 Approved Budget Year
Bonds ...............,..".........._.....,no
Interest Bearing Warrants ......
Other .....no,... ... ...........,......... on'"
Total Indebtedness .....no.........
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. 12-04)
r