Loading...
HomeMy WebLinkAboutRES 1984-51 - Board f i 1 RESOLUTION NO, 84 51 OF THE TRUCKEE DONNER PUBLIC UTILITY DISTRICT AUTHORIZING INTERDEPARTMENTAL TRANSFER WHEREAS, prior to January 1983, the District maintained a joint account- ing system which combined bath the Electric Department and the Water Depart- ment; and WHEREAS, at the end of each year the balances in all of the balance sheet accounts were divided into the appropriate department, which result- ed in an interdepartmental transfer; and WHEREAS, the District adopted a new accounting system in January 1983 which kept all transactions to the Electric Accounting System separate from the Water Accounting System; and WHEREAS, the Bookkeeping staff had to record the necessary journal entry in order to set up the financial systems on the new computer program; and WHEREAS, as a part of the annual audit for 1983 performed by Arthur Andersen and Company, the auditors reviewed the allocation of account balances to year end 1982 and found them to be reasonably accurate; NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Truckee Donner Public Utility District as follows: I. That the Bookkeeping Department is formally authorized to record the interdepartmental transfer in the amount of $96,768.05 from the Water Department General Fund to the Electric Department Gen- eral Fund. 2. The Bookkeeping Department shall maintain all detail records re- garding this transfer in the permanent accounting records of the District for future reference. PASSED AND ADOPTED by the Board of Directors of the Truckee Donner Public Utility District at a regular meeting duly called and held within the District on the 20th day of August , 1984, by the follow- ing roll call vote: AYES: Cooley, Corbett, Duffy, Hamilton and Maass. NOES: None. ABSENT: None. TRUCKEE DONNER PUBLIC UTILITY DISTRICT By Q Z� J es A. Maass, President ATTEST: /41 Susan M. Craig, Deputy Di riot Clerk