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UR 1 - 6/08/2009 hearingFORM UR-1 NOTICE OF BUDGET HEARING A meetinn of the WOODBURN URBAN RENEWAL AGENCY _^ A.M. (Governing Bod» at 6:. 5 Q pM•at CITY HALL COUNCFL CHAMBERS, 270 MONTGOMERY ST. (Location) ___ will be held on __`_ JUNE 8, 200_9_^__ (Date- The purpose of this meeting is to discuss the budget for the fiscal year beginning July 1, 2009 as approved by the WOODBURN URBAN RENEWAL AGENCY Budget Committee. (ivlunictpal Corporetton} 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 (street address) a basis of accounting that is: ®consistent; ^ 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; O 2-Year Period. Marion Woodburn 503 ) 982-5228 FINANCIAL SUM MARY Check this box if your TOTAL OF ALL FUNDS ~ budget only has one fund. Adopted Budget This Year: 2008-2009 Approved Budget Next Year: 2009-2010 1. Total Personal Services ........................................................ 2. Total Materials and Services ................................................ 3. Total Capital Outlay .............................................................. 4. Total Debt Service ................................................................ 2,293,000 1,006,407 Anticipated .................................................. 5. Total Transfers .................... Requirements 6. Total Contingencies .............................................................. 387,548 682,593 7. Total Special Payments ........................................................ 342,000 342,000 8. Total Unappropriated and Reserved for Future Expendfture.... 9. Total Requirements-add lines 1 through 8 ....................... 3,022,548 2,031,000 10. Total Resources Except Urban Renewal Taxes .................... 2,498,548 1,501,000 Anticipated 11. Total Urban Renewal Taxes Estimated from Division of Tax 524,000 530,000 Resources 12. Total Urban Renewal Taxes Estimated from Special Levy ... 13. Totai Resources-add tines 10, 11, and 12 ........................ 3,022,548 2,031,000 STATEMENT OF iNDEBTEPNESS Oebt Outstanding Debt Authorized, Not Incurred ^ None ~ As Summarized Below ~ None ^ As Summarized f3elow PUBLISH BELOW ONLY 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, 2009 July 1, 2009 Bonds .................................... 1.245,367 Interest Bearing Warrants...... Other ..................................... Total Indebtedness ............... 1,245 367 0 Pub1 i shed : June 3 , 2009