Budget Information

Information About Our Biennial Budget

We want you to know more about your Water District and how we spend money from your water bill payments to ensure water is always available at your tap. We do this because we believe that informed customers are essential to build and sustain support of our goal to efficiently deliver you the highest quality water possible. In the following documents you'll see how TVWD is organized, how much we will spend to buy water from our suppliers and the amount of money we will spend on water facility construction.

As you read about us, keep in mind that we are a nationally recognized water utility that has won awards for achievements in competitiveness, sustainability, and for having the highest standards for communication and financial reporting.

2013-2015 Budget Process

The Budget Committee will take formal action on TVWD's Proposed Budget in May after conducting a public hearing. The Board of Commissioners will be asked to take formal action on the District's 2013-15 budget during their regularly scheduled meeting in June. A second public hearing will also be held at that time.

• 2013-15 Proposed Budget

All budget meetings are open to the public:

• Board of Commissioners Meeting and Budget Hearing: Wednesday, June 19, 7 p.m., TVWD Headquarters

Board of Commissioners Adopts  2011-2013 Budget

At the June 23, 2011 Board of Commissioners meeting (PDF), the Board adopted the 2011-13 Budget.  At the July 28, 2011 meeting, the Board adopted the 2011 Rate Resolution (PDF.

Current Budget Information (All PDF files)

• 2011-2013 Adopted Budget (16 MB): TVWD's current complete operating budget and capital improvement plan. Adopted at the June 23, 2011 Board Meeting.
• 2011-2013 Budget Message: Background information geared towards the Budget Committee that provides information and highlights portions of the budget to aid reviewing of the adopted budget

Comprehensive Annual Finanical Reports (CAFR):

• 2012-2011 (3 MB)
• 2011-2010 (7 MB)
• 2010-2009 (5 MB)
• 2009-2008 (6 MB)
• 2008-2007 (6 MB)
• 2007-2006 (1 MB)
• 2006-2005 (12 MB)
• 2005-2004 (5 MB)

How TVWD Prepares Its Budget

TVWD takes pride in having an open and transparent budget process. The District prepares a budget every two years (a biennial budget), as allowed by Oregon law. The biennial budget is reviewed by the District's Budget Committee, which is comprised of five citizen members who live within the District and the five members of the Board of Commissioners.

The Budget Committee usually takes formal action on TVWD's Proposed Budget in May after conducting a public hearing. The Board of Commissioners is usually asked to take formal action on the District's budget during their regularly scheduled meeting in June. A second public hearing is also held at that time. All meetings are open to the public. For more information, including exact dates and times of meetings, call (503) 642-1511 or visit our Board Meetings and Minutes Web page.

TVWD is a self-sustaining water utility and its budget includes five funds: a general fund, two construction funds, a debt service fund, and an intergovernmental agreement fund. The District does not receive any tax dollars, and all the revenue collected is spent on water operations, system maintenance, and capital improvements. A resolution signed by the Board of Commissioners authorizing budget appropriations is adopted by fund in the categories of personnel services, materials and services, capital outlay, debt service, contingency, and transfers.