Form UR-1 FY 2008-09I FORM
, UR-~ NOTICE OF BUDGET HEARING
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A meeting of the _____ Woodbum Urban Renewat A~enc~r ___ Wil~ be held on June 9, 2008
~ A.M. --- (Governing Body) -----(Date) ------
at 6:45 ~ pM.at City Hall Council Chambers, 270 MontgomerySt. , The purpose of this meeting is to discuss the budget for
(Location}
the fiscal year beginning July 1, 2008 as approved by the Woodburn Urban Renewal Agency Budget Committee.
(Municipal Corporation)
, A summary of the budget is presented below. A copy of the budget may be inspected or obtained at Woodburn City Hall
270 Montgomery St., Woodburn between the hours of 7:30 am and 5_30 pm , This budget was prepared on
ki (Street Address)
, a basis of accounting that is: ~ consistent; ^ not consistent with the basis of accounting used durinq the preceding year. Major
changes, if any, and their effect on the budget, are explained below. This budget is for: ~ Annual Period; ^ 2-Year Period.
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co~~ty c~t ----
Y Chairperson of Governing Body Telephone Number
Manon 1 Woodburn Kathryn Figley ( 503 ) 982-5228
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FINANCIAL SUMMARY
~ Cneck this box if your TOTAL OF ALL FUNDS Adopted Budget Approved Budget
budget only has one fund. This Year: 2007-2008 Next Year: 2008-2009
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1. Tota~ Personal Services ........................................................
2 Totai Materials and Services ................................................
~ 3. Total Capital Outlay ..............................................................
4. Total Debt Seroice ................................................................ 1,999,500 2,293,000
Anticipated I -_ -_-.
5. Total Transfers ......................................................................
Requirements __ __
6. Total Contingencies .............................................................. 34,195 387,548
7. Total Reserves and Special Payments ................................. 342,000 342,000
' 8. Total Unappropriated Ending Fund Balance ........................
9. Total Requirements-add lines 1 through 8 ....................... 2,375,695 3,022,548
~= 10. Total Resources Except Urban Renewal Taxes .................... 1,882,695 2,498,548
Anticipated y ~. Total Urban Renewal Taxes Estimated from Division of Tax - -
Resources 493,000 524,000
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ota Urban Renewal Taxes Estimated from Speciai Levy...
i3. Total Resources-add lines 10, 11, and 12 ............. .......... 2,375,695 3,022,548
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STATEMENT OF INDEBTEDNESS
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Debt Outstanding Debt Authorized, Not Incurred
~ ^ None ~ As Summarized Below ~ None ^ As Summarized Below
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PUBLISH BELOW ONLY IF COMPLETED
I 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, 2008 July 1, 2008
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onds ..................... .............. 1,579,654
Interest Bearing Warrants...._ - -
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Ot h e r .. .. ......... .. ....... .. ....... . . .....
Total Indebtedness ............... 1,579,654
Short-Term Debt
This budget includes the intention to borrow in anticipation of revenue P'Short-Term Borrowina"1 ac cummari~cri hcln~er
FUND LIABLE Estimated Amount
to be Borrowed Estimated
Interest Rate Estimated
Interest Cost
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