HomeMy WebLinkAboutRES 2015-22 - Board TRUCKEE DONNER
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Resolution No. 2015 - 22
ADOPTING THE BUDGET AND OVERHEAD RATES
FOR FY16 and FY17
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 FY16 and FY17 Budget; and
WHEREAS the Board of Directors, Staff, and the public participated in budget workshops
in the months of September, October, and November of 2015; and
WHEREAS on November 4, 2015, the Board of Directors received a draft FY16 and FY17
Budget; and
WHEREAS on November 4, 2015, a public hearing was held; and
• WHEREAS the Board of Directors accepts the organization changes as directed in the
draft FY16 and FY17 Budget.
WHEREAS the draft budget for District operations and capital spending for the years FY16
and FY17 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 FY16 and FY17 Budget is hereby adopted;
B. The General Manager and Staff are authorized to implement the biennial FY16 and
FY17 Budget;
C. The following Budget overhead allocation rates are adopted;
Overhead Rate FY16 FY17
Labor 101% 100%
Transportation $ 11.52 $ 11.51
Administration 5% 5%
Construction 20% 20%
• D. Adopt the FY16 and FY17 Purchase Power Plan; and
E. Approve the budgeted transfers needed to balance the FY16 and FY17 Budget.
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Resolution 2015-22
• PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held
within the District on the 18th of November 2015 by the following roll call vote:
AYES: Directors; Aguera, Bender, Laliotis, Warmerdam, and President Ellis
NOES: None.
ABSENT: None.
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
By: /fcy,zi.
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Bob Ellis, President of the Board
ATTEST:
� & •
Michael D. Holley, C erk of the Board
•
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Resolution 2015-22