HomeMy WebLinkAbout1977-05-10 Min - Board MAY 105 1977
The Special Meeting of the Board of Directors was called to order
by the Chairman at 4:30 P.M. in the Conference Room of the District
office.
ROLL CALL: Huber, absent; Craig, absent; Maass, present; Kuttel , present;
Sutton, present;
EMPLOYEES PRESENT: Syemour and Reed.
CONSULTANTS PRESENT: Grumer and Gomez (Arthur Young & Co. )
DISCUSSION WITH MATT GOMEZ, ACCOUNTING CONSULTANT, RE DISTRICT FINANCIAL
REPORTS, POLICIES, PROCEDURES, ETC.
Matt Gomez with Arthur Young & Company discussed with the Board the
format of each of the financial reports of the District including the
Statement of General Fund and Budget Status Report.
Also discussed with Mr. Gomez was the preparation of the 1977 budget
and the budget format. The board discussed the possibility of not adopting
the budget for 1977 at this time but establishing a committee and beginning
work, with the assistance of Arthur Young & Company, on the 1978 budget.
Mr. Maass moved to retain Arthur Young & Company for services on an
hourly asis as we develop a budget and direct Arthur Young to send the
District a letter to that effect. Seconded by Mr. Kuttel .
ROLL CALL: Huber, absent; Craig, absent; Maass, aye; Kuttel , aye; Sutton,
aye; SO ORDERED.
This matter was placed on the agenda for the May 17th meeting to consider
the proposal of Arthur Young.
Mr. Gomez indicated that the Audit Report would be received by the District
within the next few weeks.
Mr. Gomez also reviewed for the benefit of the new Board members the
matter of the Audit overrun in 1975. Mr. Gomez indicated he would provide a
memo to the Board explaining the details and requesting consideration of the
Board for the additional costs incurred.
Mr. Maass moved that the meeting adjourn. Seconded by Mr. Kuttel , ALL
AYE BY VOICE VOTE. SO ORDERED.
The Chairman adjourned the meeting at 6:30 P.M.
TRUCKEE-DONNER PUBLIC UTILITY DISTRICT
By: ?-G
Pat utton, Presi dent of the Board
ane 0. Reed, Secretary
TRUCKEE-DONNER PUBLIC UTILITY DISTRICT
POST OFFICE BOX 309
TRUCKEE, CALIFORNIA 95734
TELEPHONE 587-3896
NOTICE OF SPECIAL MEETING
of the
BOARD OF DIRECTORS
May 10, 1977
4:00 P.M.
AGENDA
� . ROLL CALL
2. DISCUSSION WITH MATT GOMEZ, ACCOUNTING CONSULTANT, RE DISTRICT
FINANCIAL REPORTS, POLICIES, PROCEDURES, ETC.
3. POSSIBLE ACTION RELATED TO THESE MATTERS
ADJOURNMENT
jr - 5/6/77
NIT
MAY 105 1977
The Special Meeting of the Board of Directors was called to order
by the Chairman at 4:30 P.M. in the Conference Room of the District
office.
ROLL CALL: Huber, absent; Craig, absent; Maass, present; Kuttel , present;
Sutton, present;
EMPLOYEES PRESENT: Syemour and Reed.
CONSULTANTS PRESENT: Grumer and Gomez (Arthur Young & Co. )
DISCUSSION WITH MATT GOMEZ, ACCOUNTING CONSULTANT, RE DISTRICT FINANCIAL
REPORTS, POLICIES, PROCEDURES, ETC.
Matt Gomez with Arthur Young & Company discussed with the Board the
format of each of the financial reports of the District including the
Statement of General Fund and Budget Status Report.
Also discussed with Mr. Gomez was the preparation of the 1977 budget
and the budget format. The board discussed the possibility of not adopting
the budget for 1977 at this time but establishing a committee and beginning
work, with the assistance of Arthur Young & Company, on the 1978 budget.
Mr. Maass moved to retain Arthur Young & Company for services on an
hourly basis as we develop a budget and direct Arthur Young to send the
District a letter to that effect. Seconded by Mr. Kuttel .
ROLL CALL: Huber, absent; Craig, absent; Maass, aye; Kuttel , aye; Sutton,
aye; SO ORDERED.
This matter was placed on the agenda for the May 17th meeting to consider
the proposal of Arthur Young.
Mr. Gomez indicated that the Audit Report would be received by the District
within the next few weeks.
Mr. Gomez also reviewed for the benefit of the new Board members the
matter of the Audit overrun in 1975. Mr. Gomez indicated he would provide a
memo to the Board explaining the details and requesting consideration of the
Board for the additional costs incurred.
Mr. Maass moved that the meeting adjourn. Seconded by Mr. Kuttel , ALL
AYE BY VOICE VOTE. SO ORDERED.
The Chairman adjourned the meeting at 6:30 P.M.
TRUCKEE-DONNER PUBLIC UTILITY DISTRICT
By: 4A:V
Pat utton, President olf the Board
ane 0. Reed, Secretary