HomeMy WebLinkAbout2013-24 Adopt Budget&Oheads,2014&15 TRUCKEE DONNER
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ubil c Utility District
Resolution No. 2013 - 24
ADOPTING THE BUDGET AND OVERHEAD RATES
FOR FY14 and FY15
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 FY14 and FY15 Budget; and
WHEREAS the Board of Directors, Staff, and the public participated in budget workshops in the months of
September, October, and November of 2013; and
WHEREAS on November 6, 2013, the Board of Directors received a draft FY14 and FY15 Budget; and
WHEREAS on November 6, 2013, a public hearing was held; and
WHEREAS the Board of Directors accepts the organization changes as directed in the draft FY14 and
FY15 Budget.
WHEREAS the draft budget for District operations and capital spending for the years FY14 and FY15
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:
1. The draft FY14 and FY15 Budget is hereby adopted.
2. The General Manager and Staff are authorized to implement the biennial FY14 and FY15 Budget.
3. The following Budget overhead allocation rates are adopted:
Overhead Rate FY14 FY15
Labor 97% 99%
Transportation $ 11.65 $ 12.20
Administration 5% 5%
Construction 16% 21%
PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the District
on the 20t" of November 2013 by the following roll call vote:
AYES: Directors Aguera, Bender, Ellis, Hemig and Laliotis
ABSTAIN: None
NOES: None
ABSENT: None
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
By
Jeff Bender, President of the Board
ATTEST:
Michael D. Holley, Clerk of the Board