HomeMy WebLinkAbout7 Budget for 2002 Agenda Item #
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Memorandum
To: Board of Directors
From: Peter Holzmeister
Date: December 28, 2001
Subject: Budget for 2002
We have been discussing the draft budget for 2002. Attached are the power point pages
that were used during the budget workshop. At the conclusion of the public hearing you
will be in position to adopt the budget, if you wish to do so.
Attached is a resolution which, if adopted, approves the budget and the various
overheads that we use to allocate costs to appropriate cost centers within the budget
throughout the year.
RECOMMENMDATION: I recommend that the Board adopt the resolution adopting the
budget and overhead rates for 2002.
TRUCKEE DONNERIII
,y .. Public
# District
Resolution No. 2001-_
ADOPTING THE BUDGET AND OVERHEAD RATES FOR 2002
WHEREAS the Board of Directors and staff of the District participated in a strategic plan
workshop in August of 2001 to identify priority issues to be addressed by the District during
2002 and to initiate budget preparation; and
WHEREAS District staff has prepared a draft budget for District operations and capital
spending for the year 2002 taking into account the strategic plan issues; and
WHEREAS the Board of Directors of the District has participated in a budget workshop and has
conducted a public hearing on the draft budget; and
NOW THEREFORE BE IT RESOLVED by the Board of Directors of Truckee Donner Public
Utility District as follows:
1. The draft budget for 2002 is hereby adopted
2. The following budget overhead rates are adopted
Overhead Item Overhead Rate
Labor Overhead 4100%
Transportation Overhead 30.90%
Inventory Overhead 50,96%
Administrative Overhead 1.58%
Construction Overhead 38.18%
PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the
District on the 2nd day of January, 2002 by the following roll call vote:
AYES:
NOES:
ABSENT:
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
By
Nelson Van Gundy, President
ATTEST:
Peter L. Holzmeister, Clerk of the Board
Truckee Donner Public Utility District
2002 Proposed Retail Rates
Option A Option B Approved
Proposed Proposed Approved Rates
$0.005 Inc $0.0070 Inc Rates as of August 2001
February 2002 February 2002 January 2002 to Jan. 2002
Domestic Electric Rates: Permanent Residents
Rate P 10
Customer Charge: per month $4.00 $4.00 $4.00 $4.00
Energy Charge: per kilowatt-hour $0.09763 $0.09963 $0.09263 $0.08037
Domestic Electric Rates: Non-Permanent Residents
Rate S 10
Customer Charge: per month $4.00 $4.00 $4.00 $4.00
Energy Charge: per kilowatt-hour $0.11148 $0.11348 $0.10648 $0.09422
Small Commercial Rates Commercial Customers with monthly demand of less than 50 kilowatts
Rate 15
Customer Charge: per month $8.00 $8.00 $8.00 $8.00
Energy Charge: per kilowatt-hour $0.11771 $0.11973 $0.11271 $0.10047
Medium Commercial Rates Commercial Customers with monthly demand greater than 50 kW and less than 200 kW
Rate 20
Customer Charge: per month $80.00 $80.00 $80.00 $80.00
Energy Charge: per kilowatt-hour $0.06976 $0.07176 $0.06476 $0.05216
Demand Charge per kilowatt of demand: $9.77 $9.77 $9.77 $9.77
Large Commercial Rates Commercial Customers with monthly demand greater than 200 kilowatts
Rate 25
Customer Charge: per month $150.00 $350.00 $350.00 $350.00
Energy Charge: per kilowatt-hour $0.07091 $0.07291 $0.06591 $0.05365
Demand Charge per kilowatt of demand: $9.27 $9.27 $9.27 $9.27