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HomeMy WebLinkAboutRES 1993-50 - Board RESOLUTION NO. 9350 OF THE TRUCKEE DONNER PUBLIC UTILITY DISTRICT ADOPTING CERTAIN OVERHEADS TO BE USED IN CONJUNCTION WITH THE UNIFORM CONSTRUCTION COST ACCOUNTING ORDINANCE WHEREAS, the Truckee Donner Public Utility District has elected to adopt the Uniform Cost Accounting Act policies and procedures; and WHEREAS, the Board directed that the overhead rates be recalculated each year for inclusion in the annual budget, and WHEREAS, the budget for 1994, which was adopted on December 20, 1993, contained revised overhead rates; and WHEREAS, Resolution No. 8924 directs that the Board of Directors will, by separate resolution, adopt overhead rates as contained in the budget on an annual basis; NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Truckee Donner Public Utility District that the overhead rates to be used for 1994 are as follows: Labor overhead 56.6% Vehicle overhead 39.7% Inventory overhead 34.13 Administrative overhead 3.8% Construction overhead 21.0 NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Truckee Donner Public Utility District PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the District on the 20th day of December 1993 by the following roll call vote: AYES: Aguera, Corbett, Jones and Maass. NOES: None. ABSENT. Sutton. TRUCKEE DONNER PUBLIC UTILITY DISTRICT By 4� Gc . Jame' A. Maass, President jATT4ES Susan M. Craig, Deputy Distffct Clerk