HomeMy WebLinkAboutRES 1999-19 - Board RESOLUTION NO. 9919
OF THE
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
APPROVING THE 2000 BUDGET
AND BUDGET OVERHEADS
WHEREAS, each year District 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;
NOW THEREFORE BE IT RESOLVED by the Board of Directors of the District as
follows:
1. That the draft budget be adopted as the operating and capital improvement project
plan for 2000.
2. That the overhead percentages shown in the draft budget be adopted for use in
2000 as follows -
Labor overhead 54.48%
Transportation overhead 34.30%
Inventory overhead 36.25%
Administrative overhead 1.61%
Construction overhead 21.50%
PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held
within the District on the first day of December, 1999, by the following roll call vote:
AYES: Aguera, Hemig, Jones, Maass and Sutton.
NOES: None.
ABSENT: None.
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
By
Peter L. Holzmeister, Clerk of the Board
ATT
;T
Susan M. Craig, Deputy DislAct Clerk
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