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HomeMy WebLinkAbout6 2008 Draft Budget Agenda Item # TRUCKEE DONNER Pi-iblic Utility District Workshop To: Board of Directors From: Mary Chapman, Administrative Services Manager Date: October 31, 2007 SUBJECT: Discussion of the 2008 Draft Budget 1. WHY THIS ITEM IS BEFORE THE BOARD Each year the Board considers and adopts an annual budget for the District. This workshop item is for the Board to continue their discussion regarding the 2008 Draft Budget. 2. HISTORY Over the last many meetings, the staff has been providing the Board with a series of workshops to prepare the Board for consideration of the 2008 Draft Budget discussion. This workshop is a continuation of that process. 3. NEW INFORMATION On October 23d, staff provided the Board with the complete draft budget. Staff will be present at the meeting to respond to any further questions that the Board may have. 4. GOALS AND OBJECTIVES RELATING TO THIS ITEM Objective 6—Manage the District in an effective, efficient and fiscally responsible manner. Goal 6.5 Review and implement a Financial Goals policy to achieve a stable financial condition. Goal 6.6—Develop appropriate financial procedures to assure responsible financial management. 5. RECOMMENDATION That the Board provide the staff with direction on how he wi t proceed. Mary Cha an oh Ulrich Administrative Services Manager I rim General Manager