HomeMy WebLinkAboutRES 1997-24 - Board RESO UTI N Nth. 9724
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kP'P�R01f1NG THE 1s9813UDGET
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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
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 1998.
2. That the overhead percentages shown in the draft budget be adopted for
use in 1998 as follows-
Labor overhead 52.91
Vehicle overhead 33.88
Inventory overhead 39.10
Administrative overhead 1.92
Construction overhead 40.52%
PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the
District on the third day of December 1997 by the following roll call vote:
AYES: Aguera, Hemig, Jones, Sutton and Maass.
NOES: None.
ABSENT. None.
TRUC E DONNER PU L/C UTILITY DISTRICT
By
Pe er L. Holzmeister, tierk of thd Board
ATTES .
Su .
Craig, Deputy District Clqfk
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