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HomeMy WebLinkAbout2000-10-04 Agenda Packet - Board (14) Staff Report To: Board of Directors From: Peter L. Holzmeister Subject: Budget calendar Date: September 29, 2000 It is that time of year again. We are preparing a draft budget for 2001. The strategic plan workshop is an important first step in getting organized for budget preparation. Staff is now fully involved in budget tasks. Attached is a calendar of events that guides our budget activities. This calendar is essentially the process we have been following for the past several years. The Board gets busy on budget matters in November and December. RECOMMENDATION: I recommend that the Board adopt the budget calendar for preparation of the budget for2001. • Page 1 CALENDAR FOR PREPARATION OF THE 2001 BUDGET TASKS DUE DATE WHO Personnel costs Head count Sep 20 All Dept Heads Time allocation Sep 22 All Dept Heads Revenues Electric Sep 22 Mary Water Sep 22 Mary Connection fees Sep 22 Mary Standby Sep 22 Mary Rent Sep 22 Mary Rate comparison with SPPCo Sep 22 Steve Purchase power Sep 22 Steve Fixed costs Debt Sep 29 Mary Insurance Sep 29 Mary Vehicles replacement Sep 22 Kathy Departmental O&M expenses Sep 29 All Dept Heads Public benefits Sep 29 Scott First draft budget Oct 2-6 Peter, Mary, Steve Prepare capital plan Oct 2-6 All Dept Heads Revise budget for capital Oct 9-16 Peter, Mary, Steve Narratives, final budget Oct 16-20 Peter, Mary, Steve Print budget documents Oct 23-25 Mary Submit draft budget to Board Nov 1 Peter Board workshop on the draft budget Nov 15 All staff and Board Public hearing on draft budget Dec 6 Board Adopt budget Dec 6 Board Budget effective date Jan 1