HomeMy WebLinkAboutRES 2002-37 - Board TRUCKEE DONNER
�',Jbk(' Utility District
Resolution No. 2002-37
ADOPTING THE BUDGET AND OVERHEAD RATES FOR 2003
WHEREAS the Board of Directors and staff of the District participated in a strategic plan
workshop in August of 2002 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 2003 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 2003 is hereby adopted
2. The following budget overhead rates are adopted
`+ Overhead Item Overhead Rate
Labor Overhead 46.00%
Transportation Overhead 28.70%
Inventory Overhead 77.67%
Administrative Overhead 1.87%
Construction Overhead 48.50%
Non-inventory Material Overhead 25.00%
PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the
District on the 18th day of December, 2002 by the following roll call vote:
AYES: Directors Aguera, Hemig, Maass and Van Gundy
ABSTAIN: Director Sutton
NOES:None
ABSENT: None
TRUCKEE DON PUBLIC U TY RICT
By
J&41ald Hemig, President7
ATTEST:
Peter L. Holzmeister, Clerk of the Board