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HomeMy WebLinkAboutRES 2019-26 - BoardTRUCKEEDONNER_:_1icUtilityDistrictResolutionNo.2019-26ADOPTINGTHEBUDGETANDOVERHEADRATESFORFY20andFY21WHEREASTheBoardofDirectorsadoptedaMissionStatementandStatementofGoalsandObjectivesfortheDistrict;andWHEREASDistrictstaffusedthatMissionStatementandStatementofGoalsandObjectivestoprepareadraftFY20andFY21Budget;andWHEREAStheBoardofDirectors,Staff,andthepublicparticipatedinbudgetworkshopsinthemonthsofAugust,September,October,andNovemberof2019;andWHEREASonOctober16,2019,theBoardofDirectorsreceivedadraftFY20andFY21Budget;andWHEREASonNovember6,2019,apublichearingwasheld;andWHEREAStheBoardofDirectorsacceptstheorganizationchangesasdirectedintheFY20andFY21Budget.WHEREASthebudgetforDistrictoperationsandcapitalspendingfortheyearsFY20andFY21describesaccountingoverheadallocationratesforlabor,transportation,administration,andconstructioncosts;andNOWTHEREFOREBEITRESOLVEDbytheBoardofDirectorsofTruckeeDonnerPublicUtilityDistrictasfollows:A.TheFY20andFY21Budgetisherebyadopted;B.TheGeneralManagerandStaffareauthorizedtoimplementthebiennialFY20andFY21Budget;C.ThefollowingBudgetoverheadallocationratesareadopted;OverheadTypeFY20FY21Labor96.75%97.70%Transportation$11.32$11.34Administration4.45%4.40%Construction17.22%16.94%D.AdopttheFY20andFY21PurchasePowerPlan;andE.ApprovethebudgetedtransfersneededtobalancetheFY20andFY21Budget.PASSEDANDADOPTEDbytheBoardofDirectorsatameetingdulycalledandheldwithintheDistrictonthe6thofNovember2019bythefollowingrollcallvote:1 AYES:Directors;Laliofis,Finn,Aguera,andVicePresidentBender,andPresidentEllis.NOES:None.ABSTAIN:None.ABSENT:None.TRUCKEEDONNERPUBLICUTILITYDISTRICTBy____________BobEllis,PresidentoftheBoard/hannaD.Kuhlemier,CMC,DistrictClerk2