HomeMy WebLinkAboutRES 1995-32 - Board RESOLUTION NO, 9532
OF THE
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
ADOPTING THE 1996 BUDGET
AND BUDGET OVERHEADS
WHEREAS, each year the District's staff prepares operating and capital improvement
budgets for the electric and water departments for the next fiscal year, and
WHEREAS, upon receipt of the draft budget, the Board of Directors reviews the proposed
operating and capital improvement plans and provides comments and recommendations;
and
WHEREAS, prior to the adoption of the annual budget, staff reviews the major cost items
and capital improvement projects at a budget workshop with the Board; and
WHEREAS, also prior to adoption of the budget, the Board of Directors holds a public
hearing to provide an opportunity for the public to ask questions and make comments;
• and
WHEREAS, incorporated within the budget are various overhead rates that will be used
during the budget year; and
WHEREAS, the overhead rates will be applied to various operating functions and capital
improvement projects to determine the total costs of performing such work; and
WHEREAS, during 1995, various budgeted projects/equipment were not complete by
December 31, 1995, and staff has requested that the funding for the completion of these
budget items be carried forward to 1996;
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Truckee Donner
Public Utility District as follows:
1. That the draft budget be adopted as the operating and capital
improvement project plans for 1996.
2. That the overhead percentages shown in the draft budget be
adopted for use in 1996 as follows -
Labor overhead 51.29%
. Vehicle overhead 34.84%
Inventory overhead 56.01
Administrative overhead 3.24%
Construction overhead 12.97%
PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held
within the District on the sixth day of December 1995 by the following roll call vote:
AYES: Aguera, Jones, Maass, Sutton and Hemig.
NOES: None,
ABSENT: None.
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
By r
Peter L. olzme-iste , Clerk of the Board
Susan M. Craig, Deputy Distr" t Clerk
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