HomeMy WebLinkAboutRES 2011-23 - Board TRUCKEE DONNER
Public Utility District
Resolution No. 2011 - 23
ADOPTING THE BUDGET AND OVERHEAD RATES
FOR FY12 and FY13
WHEREAS The Board of Directors adopted a Mission Statement and statement of goals and
objectives for the District; and
WHEREAS District staff used that Mission Statement and statement of goals and objectives
to prepare a draft FY12 and FY13 Budget; and
WHEREAS the Board of Directors, Staff, and the public participated in budget workshops in
the months of September, October, and November of 2011; and
WHEREAS on November 2, 2011, the Board of Directors received a draft FY12 and FY13
Budget; and
WHEREAS on November 2, 2011, a public hearing was held; and
WHEREAS the Board of Directors accepts the organization changes as directed in the draft
FY12 and FY13 Budget.
WHEREAS the draft budget for District operations and capital spending for the years FY12
and FY13 describes accounting overhead allocation rates for labor, transportation, inventory,
administration, and construction costs; and
NOW THEREFORE BE IT RESOLVED by the Board of Directors of Truckee Donner
Public Utility District as follows:
1. The draft FY12 and FY13 Budget is hereby adopted.
2. The General Manager and Staff are authorized to implement the biannual FY12 and
FY13 Budget.
3. The following Budget overhead allocation rates are adopted:
Overhead Rate FY12 FY13
Labor 97% 99%
Transportation $ 11.80 $ 12.09
Inventory 21% 21%
Administration 3% 3%
Construction 18% 18%
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Resolution 2011-23
PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within
the District on the 16th of November 2011 by the following roll call vote:
AYES: Directors Aguera, Bender, Ferree, Hemig and Laliotis
ABSTAIN: None
NOES: None
ABSENT: None
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
By
Je er, esident of the Board
ATTEST:
Michael D. Holley, Clerk of the Board
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Resolution 2011-23
Attachment 1
I Elements of the FY12 and FY13 Budget
For the November 2, 2011 Board Meeting, staff presented a draft of the proposed
FY12 and FY13 Budget. It included:
• Executive Summary;
• Part I District's Mission Statement and Goals;
• Part II Electric Utility's Operating, Repair and Maintenance Plan;
• Part III Water Utility's Operating, Repair and Maintenance Plan;
• Part IV Electric and Water Capital Improvement Plans; and
• Part V Appendices
o I Interdepartmental Rent
o II Budgeted Positions by Department
o III Labor Overhead
o IV Transportation Overhead
o V Inventory Overhead
o VI Administrative Overhead
o VII Construction Overhead
o VIII Electric Debt Schedule
o IX Water Debt Schedule
o X Vehicle Replacement Schedule
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FY12 and FY13 Budget
FY12 Budget FY13 Budget
Electric Water Total Electric Water Total
Revenue $23,230 $10,910 $34,140 $23,240 $10,910 $34,150
Expenses 19,480 7,430 26,910 19,990 7,710 27,700
Income $ 3,750 $ 3,480 $ 7,230 $ 3,250 $ 3,200 $ 6,450
Plus:
From Funds $ 1,470 $ 3,610 $ 5,080 $ 1,150 $ 3,300 $ 4,450
Less:
Debt Service 2,540 3,320 5,860 890 3,320 4,210
Capital Projects 2,240 2,190 4,430 2,890 1,720 4,610
To Reserves 440 1,580 2,020 620 1,460 2,080
Surplus (Deficit) $ - $ - $ - $ - $ - $ -
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