Get Form Lb-1

The Form LB-1 is essential for governmental entities to notify the public about budget hearings. This guide provides clear, step-by-step instructions for completing the form online, ensuring ease of use for all individuals, regardless of their legal experience.

Follow the steps to efficiently complete the Form LB-1 online.

1. Press the 'Get Form' button to access the form and open it in your online editing environment.
2. Fill in the governing body name in the designated space to identify the entity conducting the budget hearing.
3. Enter the date and time of the public meeting clearly in the respective fields.
4. Indicate the location of the meeting by providing the specific address within Oregon.
5. Specify whether this budget pertains to an annual or biennial budget period in the provided section.
6. Select whether the budget is prepared on the same accounting basis as the previous year or differs, and if it differs, briefly explain the major changes.
7. In the financial summary section, list actual amounts from the previous fiscal year and the adopted budget amounts for the current and next year in the corresponding areas.
8. Complete the resources and requirements sections, summarizing all financial elements including fees, taxes, and total resources.
9. For the organizational units or programs, fill in the names and corresponding full-time equivalent (FTE) values for each area outlined.
10. If necessary, make use of the additional space provided at the end of the form for any supplementary information.
11. Finally, review all filled out fields for accuracy, then save changes, download, print, or share the finished form as needed.

Start completing your Form LB-1 online today to ensure your budget hearing is properly documented.