HomeMy WebLinkAboutRES 2021-21 - Board
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Resolution No. 2021-21
ADOPTING THE BUDGET AND OVERHEAD RATES
FOR FY22 and FY23
WHEREAS The Board of Directors adopted a Mission Statement, Values, and Strategic Plan for the
District; and
WHEREAS District staff used the above aforementioned to prepare a draft FY22 and FY23 Budget;
and
WHEREAS the Board of Directors, Staff, and the public participated in budget workshops in the
months of August, October, and November of 2020; and
WHEREAS on October 20, 2020, the Board of Directors received a draft FY22 and FY23 Budget;
and
WHEREAS on November 3, 2019, a public hearing was held; and
WHEREAS the Board of Directors accepts the organization changes as outlined in the FY22 and
FY23 Budget.
WHEREAS the budget for District operations and capital spending for the years FY22 and FY23
describes accounting overhead allocation rates for labor, transportation, administration, and
construction costs; and
NOW THEREFORE BE IT RESOLVED by the Board of Directors of Truckee Donner Public
Utility District as follows:
A. The FY22 and FY23 Budget is hereby adopted (Attachment 1 and 2 of Agenda item #8);
B. The General Manager and Staff are authorized to implement the biennial FY22 and FY23
Budget;
C. The following Budget overhead allocation rates are adopted;
D. Approve the budgeted transfers needed to balance the FY22 and FY23 Budget, as
indicated in Attachments 1 and 2.
FY22 FY23
92.12%94.61%
13.59$ 13.98$
4.02%4.10%
16.65%18.10%Construction
Overhead Type
Labor
Transportation
Administration
DocuSign Envelope ID: CADC4B0A-F2C7-4F6A-BB87-06D458171516
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PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the
District on the 3rd of November 2021 by the following roll call vote:
AYES: Directors Bender, Harris, Vice President Finn
ABSTAIN:
NOES:
ABSENT: Director Aguera, Vice President Laliotis
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
By____________________________________
Christa Finn, President of the Board
ATTEST:
_____________________________________
Shanna D. Kuhlemier, CMC, District Clerk
DocuSign Envelope ID: CADC4B0A-F2C7-4F6A-BB87-06D458171516