HomeMy WebLinkAbout4 Budget 2007 Agenda Item #
Public Utility District,
Memorandum
To: Board of Directors
From: Peter Holzmeister
Date: November 8, 2006
Subject: Public hearing on the draft 2007 Budget
Why this matter is before the Board: This matter is a public hearing on the
draft Budget for 2007. We traditionally hold a hearing before adopting the
District's annual Budget.
History: The Board has been reviewing a draft Budget that had been prepared
by staff. You held three workshops to review the Budget. The Board made a
change in the staff draft by adding $10,000 to begin studying the possibility of
bottling water, with funding coming from the Land Sales Trust Fund. That
change is now reflected in the draft budget that is the subject of the public
hearing.
New information: The hearing was advertised in the Sierra Sun. The copies of
the budget that are being distributed in this packet reflect the final draft. We
provided you with "clean" copies in case you have made notes your earlier draft
that you want to keep for future reference. This "clean" copy would be the
version that you consider adopting if no other changes are contemplated.
Recommendation: There is no action required as part of the hearing. The
possible action item comes next on the agenda.