ALBANY RURAL FIRE PROT DIST – Ad from 2026-06-20

NOTICE OF BUDGET HEARING A public meeting of the Albany Rural Fire Protection District will be held on Thursday, June 25th 2026 at 7:00pm at Fire Station 11 110 SE 6th Ave Albany, OR 97321 Linn County, Oregon. The purpose of this meeting is to discuss the budget for the fiscal year beginning July 1, 2026 as approved by the Albany Rural Fire Protection District Budget Committee. A summary of the budget is presented below. A copy of the budget may be inspected or obtained at 4564 Castillo Dr NE Albany, OR 97321, between the hours of 11 a.m. and 2 p.m. or online at www.AlbanyRuralFireProtectionDistrict.org. This budget is for an annual budget period. This budget was prepared on a basis of accounting that is the same as the preceding year Contact: Tamara Hamilton, Clerk Telephone: 541-619-2048 Email: Albanyruralfireprotectionor@gmail.com FINANCIAL SUMMARY – RESOURCES TOTAL OF ALL FUNDS Actual Amount Adopted Budget Approved Budget 2024-2025 This Year 2025-2026 Next Year 2026-2027 1,047,238 1,030,000 1,050,000 Beginning Fund Balance/Net Working Capital Fees, Licenses, Permits, Fines, Assessments & Other Service Charges Federal, State & all Other Grants, Gifts, Allocations & Donations Revenue from Bonds and Other Debt Interfund Transfers / Internal Service Reimbursements All Other Resources Except Current Year Property Taxes Current Year Property Taxes Estimated to be Received Total Resources 80,961 862,945 1,991,144 70,000 914,436 2,014,436 69,000 948,553 2,067,553 FINANCIAL SUMMARY – REQUIREMENTS BY OBJECT CLASSIFICATION Personnel Services Materials and Services Capital Outlay Debt Service Interfund Transfers Contingencies Special Payments Unappropriated Ending Balance and Reserved for Future Expenditure Total Requirements 875,580 904,046 948,553 478,000 510,390 519,000 637,564 1,991,145 600,000 2,014,436 600,000 2,067,553 FINANCIAL SUMMARY – REQUIREMENTS AND FULL-TIME EQUIVALENT EMPLOYEES (FTE) BY ORGANIZATIONAL UNIT OR PROGRAM * Name of Organizational Unit or Program FTE for that unit or program Fire Protection and General Expense FTE Not Allocated to Organizational Unit or Program FTE Total Requirements Total FTE 1,991,145 2,014,436 2,067,553 1,991,145 2,014,436 2,067,553 PROPERTY TAX LEVIES Permanent Rate Levy (rate limit 2.15 per $1,000) Local Option Levy Levy For General Obligation Bonds Rate or Amount Imposed 2024-2025 2.15 Rate or Amount Imposed This Year 2025-2026 2.15 Rate or Amount Approved Next Year 2026-2027 2.15 STATEMENT OF INDEBTEDNESS LONG TERM DEBT General Obligation Bonds Other Bonds Other Borrowings Total 150-504-064 (Rev. 11-19-21) Estimated Debt Outstanding on July 1. Estimated Debt Authorized, But Not Incurred on July 1…Read more by