HomeMy WebLinkAboutRES 2003-52 - Board -------------------
TRUCKEE DONNER
PUblic Utility District i
Resolution No. 2003- 52
ADOPTING THE BUDGET AND OVERHEAD RATES FOR 2004
WHEREAS the Board of Directors and staff of the District participated in a strategic plan workshop in
September of 2003 to identify priority issues to be addressed by the District during 2004 and to initiate
budget preparation; and
WHEREAS District staff has prepared a draft budget for District operations and capital spending for the
year 2004 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 2004 is hereby adopted
2. The following budget overhead rates are adopted
Overhead Item Overhead Rate
Labor Overhead 96.67%
Transportation Overhead 26.25%
Inventory Overhead 22.32%
Administrative Overhead 1.67%
Construction Overhead 56.47%
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 seventeenth of December 2003 by the following roll call vote:
AYES: Directors Aguera, Hemig, Maass, Sutton and Van Gundy
ABSTAIN: None
NOES: None
ABSENT: None
TRUCKEE DONNER PUBLIC UTILITY DISTRICT
By C�1�- --r---
James . Maass, President
ATTEST:
Peter L. Holzmeister, Clerk of the Board