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Home My WebLink AboutRES 1978-21 - Board RESOLUTION NO. 78 21 OF TRUCKEE-DONNER PUBLIC UTILITY DISTRICT ADOPTING THE 1978 BUDGET BE IT RESOLVED by the Board of Directors of the Truckee-Donner Public Utility District as follows : THAT the Electric and Water Cash Flow Budget, attached hereto as Exhibit "A" , is hereby adopted as the District ' s budget for the calendar year of 19780 PASSED AND ADOPTED by the Truckee-Donner Public Utility District, by its Board of Directors, at a meeting held within the District on the 10th day of Apr i) 1978 by the following roll call vote : AYES : Huber _Kuttel Maass NOES : None ABSENT: Sutton TRUCKEE-DONNER PUBLIC UTILITY DISTRICT By ) .-`4 ,�)TMES A. MAASS, President ATTEST: A. MILTON SEYM YR Clerk Thereof . EIECTRIC AND WATER CASH FLOW BUDG LL - 1978 Water Electric Total A. Current Assets Less Current Liabilities , l/l/78 27,843 554,421 582,264" Less: Unspendable Assets : Inventory ( 30,927) (164,t3lO) (1955237) Van Wetter Note ( 19500) -0- ( 1 ,500) Net Spendable Funds , 1/1/78 ( 45584) 3905111 385 9527 B. Ordinary Revenues 4009103 21355,619 Zs7552722 Ordinary Expenses (391 ,020) (2,384slO5) (.217759125) Projected Operating Margin 91083 ( 283,486) ( 19,403) C. Extraordinary 'Income 2999000 -0- 299,000 Extraordinary Expenses: 1 . fmHA 77-1 - 299,000 less prepair 23,742 275,258. -0- 275,258, 2. Legal and Engineering ( 60,000) -0- ( 60,000) Funds Needed to meet Extraordinary Expenses ( 369,258) -0- ( 36 ,258) D. Capital Improvements Requested ( 58s860) ( 132s725) ( 1912585) E. Total Spendable Funds (A) ( 41584) 3909111 385,527 Gain/Loss in Operating Margins (B) 9sO83 ( 28s486) ( 19,1403) Additional Funds needed to meet Extraordinary Expenses (C) 36,258) -0- ( 36 258) Capital Improvements Requested (D) � 589860) ( 132,725) ( 191 ,585) Net Funds needed/spendable after Payment of Expenses 909619) 2289900 138s281 F. Water Department: Source of Funds Borrow from Electric Dept. to Cover Extra- ordinary Expenses & Capital Improvements 90,619 ( 90,619) -0- Net Funds Available (E less F) -0- 1389281 1389281 EXHIBIT "A" • •A,'P-LECTRIC AND WATER CASH FLOW BUl � T - 1978 c Water Electric Total A. Beginning Balance January 1 , 1978 Cash in Bank -0- 4805206 4809206 Investments in LAIF: General Funds -0- .�355074 355074 S.P.P.C. Refund -0- 166,304 1669304 Notes Receivable 1 ,500 -0- 1 ,500 Accounts Receivable 69,473 146,068 .' 215,541 Materials and Supplies 309927 1645310 1955237 Prepaid Expenses : Insurance 1 .907 15907 35814 Interest Receivable 634 -0- 634 Total Current Assets 104$441 9939869 1 ,098,310 Less: Current Liabilities Accounts Payable 695683 299s564 369s247 Refund Payable -0- 122,404 1229404 Accrued Payroll 49562 115170 15,732 Accrued Payroll Taxes 1 9213 29969 4,182 Accrued Interest on Notes 15135 1 ,695 25830 Accrued Taxes 5 12646 15651 Total Current Liabilities 769598 4399448 516,046 Net Beginning Balance 279843 554s421 582,264 B. Income Sales : Residential 1775116 Commercial 251395369 2s416 3ol 12 Industrial 995627 Resale _p_ Interdepartmental 168 569416 565584 Standby Charges 46,023 579500 1039523 Transfer Fees -0- 10,215 105215 Connection Fees and Line Extensions 26,400 76 ,1800 1039200 Tapping Fees 5,000 -0- 51000 Facility Fees 20,500 0-0- 20,500 Fire Standby Revenue 2,980 -0- 22980 Fire Hydrant Rents 1 ,239 -0- ls239 Pole Contacts Rents -0- 51006 5,006 Customer Contributions : Misc. Job Work 2s5OO 1 ,000 3,1500 Commercial Service Repairs 2,000 -0- 2,1000 Loans and Grants 299,000 -0- 299sOOO Other Miscellaneous Income : Interest on Restricted Funds 153,550 61313 219863 Surplus Sales , etc. 11000 35000 41000 Miscellaneous Income -0- -0- -0- Total Income Available 699s103 213555619 390545722 C. Total Beginning Balance and Income 726s946 2,910,040 32636,986 El ectri c and Water Car�,�4 Fl ow Budget ,1978 page -2 . Water Electric Total D. Appropri ati ons Operations and Maintenance: Department Salaries 38t000 .1089390 146,390 Department Employee Benefits 1Q,070 28,723 38,793 Purchased Power 58,000 1 ,739,000 1 ,797,000 Plant Materials 43,927 153,182 197,1Q9 Vehicle Operating Expense 7,200 14,400 21 ,600 Water Quality Control 1 ,000 "60- 12000 Backhoe Operating Expense 31600 31600 7s2OO Telemetry Maintenance . .M 0- 1 ,200 Telemetry Leased Line's 2,000 -0- 2,000 Radio Maintenance 540 1 ,260 1 ,800 Equipment Rentals 25000 500 29500 Small Tools and Instruments 1 ,500 3,000 4,500 Commercial Meter 'Reo I v--A cement Materials 10,000 -0- 102000 General and Administrative, Customer Accounts Expense: Billing and Office Supplies 3,593 8,384 11 ,977 Postage 1 ,500 4,200 5,700 Telephone 1 ,200 2,700 3,900 Office Equipment Maintenance and Lease 1 ,357 3,166 4,523 Outside Services: District Engineer 24,000 24,000 48,000 Other Engineering 89000 emo- 8,000 District Legal Counsel 6,500 12,800 19,300 Other Legal Counsel 2,800 29400 5,200 Financial Consultant ewo- 35000 3,000 Auditor 3,200 6 ,300 9,500 Computer Programming 600 2,400 3s000 Advertising & Legal Notices 19200 2,800 4,000 Insurance 7,650 7,650 15,300 Board of Di rectors Fees 4,200 19800 6,000 Travel and Meetings 720 19680 2,400 Building Maintenance 2,000 4,700 6,700 Election Expense 200 1 ,500 1 ,700 Administrative Vehicle Operating Expense 2,400 5,600 8,000 Utilities 800 1 ,900 2,700 Administrative Salaries : Management 20,000 40,600 60,600 Hourly 43,000 96,080 139 ,080 Administrative Employee Benefits : Management 5,600 11 ,368 16,968 Hourly 12,030 27s027 39,057 Debt Service FmHA, REA, SPPC Princ. & Interest 16,000 45,000 61 ,000 Computer Loan Repayment, Line Truck Repayment 1 ,283 8,682 9 ,965 Sewer Assessments 1 ,100 -0- 1 ,100 Reserved for Future Meters 5,000 -0- 5,000 Transfer to Restricted Funds (Facility Fees) 20,500 -0- 20,500 Interest Transferred to Restricted Funds 15,550 6 ,313 21 ,g63 Total Appropriations 391 ,020 2,384,105 2,775,125 E. Net Beginning Balance & Income 3359926 525,935 g11 -861 Less Appropriations 010411111� Own-low" E-lectri c and Water Ca�'"' Flow Budget 1978 page '3 Water Electric Total F. Other Appropriations Extra Ordinary Legal and Engineering 60,000 -0- 60,000 G. Capital Appropriations FmHA 77-1 275,258 0- 275,258 Loop Hospital Water Line 6,000 -0- 6,000 Loop Palisades Drive 10,000 0- 10,000 Cable Support River Crossing 1 ,000 Imo- 1 ,000 Pannonia Road Line Relocation -0- 6,000 6 ,000 Line Relocations Donner Lake -0- 10,000 10,000 Capacitor Program Awo- 8,515 8,515 Prosser Lakeview Estates Line Extension -0- 30,000 30 ,000 Line Rearrangements and Balancing .00 0- 10,000 10,000 Building Painting 1 ,500 3 ,500 5,400 Parking Lot Resurfacing 3,600 8,400 12,000 Plant Office 1 ,800 4,800 65600 ** Vehicles 15,950 18,050 34,000 Telemetry Additions 61,000 *no- 6 ,000 Major Roof Repair 19200 2,800 4,000 New Radios 3,210 6,840 10,050 ** New Office Equipment 4,500 10,600 15,100 Inflammable Storage Building 600 1 ,400 2,000 Fencing and Outside Facilities 900 2,100 3,000 Relocate Pressure Reducing Valve at Southside 2,000 -0- 2,000 Office Flooring 600 1 ,400 2,000 Pole Replacements -0- 8,320 8,320 Total Capital Appropriations 334,118 132,725 466 ,843 H. Total Other and Capital Appropriations 394,1118 132,725 526,843 Previous ly Approved ** Partially Approved