HomeMy WebLinkAbout8 Adoption FY12 adn FY13 Budget Agenda Item ## 8
TRUCKEE DONNER
PLJ
CONSENT
To: Board of Directors
From: Robert Mescher
Date: October 1 g, 2011
Subject: Schedule a Public Heari
Ado do ng to Take Public Comment Regardin th
p n of the FY12 and FY13 Budget g e
1. WHY THIS MATTER IS BEFORE THE BOARD
Only the Board
can set the date for a public hearing.
2. HISTORY
At the September 7, 2011 meeting, the B
budget assumptions labo Board reviewed the District's objectives
r and debt for the FY12 and FY13 Bud e , goals,
2011 meeting, Staff presented the FY12 g t. At the October 5,
level overview of the operating and FY13 Purchase Power Plan and a high-
level and capital budgets of the supporting gh
pp g services.
3. NEW INFORMATION
Tonight, Staff will present the District's
Projected reserve fund balance proposed operating and capital budgets, the
s, and projected revenue for Electric a
and Water.
At the November 2, 2011 Board me
Proposed FY12 and FY1 eting, staff will present the full draft
3 Budget including overhead allocation of the
rates and a summary
of the Financial Master Plan. After the
hearing to receive public comment.
presentation, the Board will hold a p ublic
The FY12 and FY13 Budget is scheduled
to be adopted November 16, 2011.
4. FISCAL IMPACT
There is no fiscal impact with this agenda
g da item.
5. RECOMMENDATION
Schedule the public hearing hearing
thereafter to receive public f m or a or November 2, 2011 at 6:00
p is comment on the proposed FY12 and p s soon
FY13 Budget.
Robert Mescher
Administrative Services Manager Michael D. Holley
g Genera
l Manager