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HomeMy WebLinkAboutRES 2025-29 - Board Docusign Envelope ID: FFAB964B-C78C-4C95-B71 F-413751615OCC TRUCKEE DONNER • Resolution No. 2025-29 ADOPTING THE BUDGET AND OVERHEAD RATES FOR FY26 and FY27 WHEREAS The Board of Directors adopted a Mission Statement, Values, and Strategic Plan for the District; and WHEREAS District staff used the above aforementioned to prepare a draft FY26 and FY27 Budget; and WHEREAS the Board of Directors, Staff, and the public participated in budget workshops in the months of July, August, and October of 2025; and WHEREAS on October 15, 2025, the Board of Directors received a draft FY26 and FY27 Budget; and WHEREAS on November 5, 2025, a public hearing was held regarding draft FY26 and FY27 Budget and was continued to November 19, 2025; and WHEREAS the Board of Directors accepts the organization changes as outlined in the FY26 and FY27 Budget; and WHEREAS the budget for District operations and capital spending for the years FY26 and FY27 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 FY26 and FY27 Budget is hereby adopted; B. The General Manager and Staff are authorized to implement the biennial FY26 and FY27 Budget; C. The following Budget overhead allocation rates are adopted; Overhead Type FY26 FY27 Labor 90.88% 92.34% Transportation $ 22.21 $ 23.12 Administration 3.57% 3.64% Construction 20.85% 21.35% 1 Docusign Envelope ID: FFAB964B-C78C-4C95-B71F-4137516150CC D. Approve the budgeted transfers needed to balance the FY26 and FY27 Budget. PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the District on the 19th of November 2025 by the following roll call vote: AYES: Murrell, Randall, Bender, Laliotis, Finn ABSTAIN: none NOES: none ABSENT: none TRUCKEE DONNER PUBLIC UTILITY DISTRICT Signed by: I �V isfa Fp7t fin, By AIFSDD2E6BFC4EC... Christa Finn, Board President ATTEST: Signed by: $ , Wax, Gee M, AABF448DE0754A8... Brian Wright, General Manager 2