HomeMy WebLinkAboutBoard 2006 Budget Board of DmIrO ctors
Overview of
2006 Budget
Board Presentation 9-15-2005
1
What l will be coven ng
• Board Functions
• Board Work Plan
• Expenditure Detail
• Issues to be Clarified
2
Board Functions
• Set overall goals
• Set policy
• Delegate to staff through General Manager
• Receive reports
• Audit performance
• Conduct public meetings
• Report to the public
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Board Work, Plan
• Corporation yard
• Close out Donner Lake water system project
• Close out Glenshire water system project
• Broadband
• Review District Mission Statement
• Water meter rate study
4
Board Work Plan-continued
• Water pipeline construction
- Leaks
- New transmission pipeline
- COP
• Power supply
• Work plans, budgets and financial performance
5
Board Work Plan-continued
• Organizational issues
- Trends in District employment
- Organizational study
- Succession plan
6
Board of Directors Expenditure Detail
2005 Budget 2006 Budget
Outside Services Employed $25,000 $29,000
The account is utilized to reflect costs associated with the District
General Counsel attendance at Board meetings and to perform
research on legal issues presented at the Board level. It also
reflects costs to engage in strategic plan analysis facilitated by a
management consultant.
Miscellaneous General Expense
$93,750 $98,350
This account covers compensation paid to Directors, the annual
employee recognition dinner, training and conferences attended
by Directors and minor supplies.
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T Budge_t Summary J 20059 2006
Total : Board of Directors $ 118 ,750 $ 127 ,350
The budget costs are allocated part to the Electric
Fund and part to the Water Fund .
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Issues to be Clarified
• Review of District Mission Statement
• Clarify what issues the Board will deal with and
at what level of detail
• Clarify what is delegated staff
• Clarify what reports the Board wants from staff
and in what form and frequency
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