Res 07-01 - 2007-08 Budget
RESOLUTION NO. 07-01
A RESOLUTION ADOPTING A BUDGET FOR FISCAL YEAR 2007-08, MAKING
APPROPRIATIONS AND LEVYING TAXES.
THE WOODBURN URBAN RENEWAL AGENCY RESOLVES AS FOLLOWS:
Section 1. That the budget for fiscal year 2007-2008 is hereby adopted as set forth
belo\v.
Section 2. That the budget amounts for the fiscal year beginning July J, 2007, and for the
purposes shown below, are hereby appropriated:
DEBT SERVICE FUND:
Debt Service
Operating Contingency
$ 1,999,500
34,195
TOT AL APPROPRIATIONS
$ 2,033,695
L'nappropriated Requirements:
Reserve for Urban Renewal Agency Debt
$ 342,000
TOT AL UNAPPROPRIATED REQUIREMENTS
$ 342,000
TOT AL 2007-2008 URBAN RENEWAL BUDGET
$ 2,375,675
Section 3. That the Woodburn Urban Renewal Agency hereby resolves to certify to the
County Assessor a request for the Woodburn Urban Renewal Plan Area for the maximum
amount ofrevenue that may be raised by dividing the taxes under Section lc, Article IX of the
Oregon Constitution and ORS Chapter 457.
~./'\N\.- /I /----..." /~ ,- (5 <'"- Z C<J ?-
Approved as to Fornl U;. I - 0 ('~ V
Legal Counsel
Passed by the Agency
Submitted to the Chair
Approved by the Chair
(J1 '~I L
ATTEST ~ ~,--",~q-
Mary T e ant, Recorder
City of Wood bum, Oregon
June
Page 1 - Resolution No.07-0J