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HomeMy WebLinkAboutRES 2002-01 - Board Public Utility District Resolution No. 2002-01 ADOPTING THE BUDGET AND OVERHEAD RATES FOR 2002 WHEREAS the Board of Directors and staff of the District participated in a strategic plan workshop in August of 2001 to identify priority issues to be addressed by the District during 2002 and to initiate budget preparation; and WHEREAS District staff has prepared a draft budget for District operations and capital spending for the year 2002 taking into account the strategic plan issues; and WHEREAS the Board of Directors of the District has participated in a budget workshop and has conducted a public hearing on the draft budget; and NOW THEREFORE BE IT RESOLVED by the Board of Directors of Truckee Donner Public Utility District as follows: .--� 1. The draft budget for 2002 is hereby adopted 2. The following budget overhead rates are adopted Overhead Item Overhead Rate Labor Overhead 43.00% Transportation Overhead 30.90% Inventory Overhead 50.96% Administrative Overhead 1.58% Construction Overhead 38.18% PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the District on the 2nd day of January, 2002 by the following roll call vote: AYES: Aguera, Maass, Hemig and Van Gundy NOES: None ABSENT: Sutton TRUCKEE DONI PUB IC UTILITY DISTRICT By Nelson Van Gundy, Preside ATTEST: d� Peter L. Holzmeister, C erk of the Board