HomeMy WebLinkAboutRES 1995-01 - Board RESOLUTION NO. 9501
OF THE
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
ADOPTING THE 1995 BUDGET, BUDGET OVERHEADS AND
CARRYOVERS FROM 1994
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 1994, various budgeted projects/equipment were not complete by
December 31, 1994, and staff has requested that the funding for the completion of these
budget items be carried forward to 1995;
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Truckee Donner
Public Utility District as follows:
1. That the draft budget, as amended, be adopted as the
operating and capital improvement project plans for 1995.
2. That the overhead percentages shown in the draft budget be
adopted for use in 1995 as follows -
Labor overhead 55.0%
Vehicle overhead 35.9%
Inventory overhead 52.2%
Administrative overhead 3.1
Construction overhead 22.3%
3. That the funding for the following list of 1994 budgeted
projects/equipment be carried forward for expenditure in 1995-
Cost Center 3 - Administrative Services
Computer System - main system printer $10,000
Outside Services - personnel policy completion
and training by Cooperative Personnel Services $ 4,000
Cost Center 7 - Water Operations
Ponderosa hydro upgrade $11.440
TOTAL 1194 BUDGET FUNDING CARRYOVER $25,440
PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held
within the District on the 3rd day of January 1995 by the following roll call vote:
AYES: Aguera, Hemig, Maass, Sutton and Jones.
NOES: None.
. ABSENT: None.
TRUCKEE DO`NNER PUBLIC UTILITY DISTRICT
By !NN 2211
Peter L. Holzmeister, Clerk of t e Board
ATTES .
usan M. Craig, Deputy District Jerk
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