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HomeMy WebLinkAboutRES 2006-03 - Board TRUCKEE DONNER Ll PUblic Utility District PF Resolution No. 2006 - 03 ADOPTING THE OVERHEAD RATES FOR THE 2006 BUDGET WHEREAS the Board of Directors and staff of the District participated in departmental workshops in the months of August and September of 2005 to identify priority issues to be addressed by the District during 2006 and to initiate budget preparation; and WHEREAS District staff has prepared a draft budget for District operations and capital spending forthe year 2006 taking into account the strategic plan issues; and WHEREAS the Board of Directors of the District has participated in budget workshops and have 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 adopts the following budget overhead rates: Overhead Item Overhead Rate Labor Overhead 83.67% Transportation Overhead 31.48% Inventory Overhead 26.48% Administrative Overhead 1.30% Construction Overhead 43.56% 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 fifteenth of February 2006 by the following roll call vote: AYES: Directors Hemig, Taylor and Thomason ABSTAIN: None NOES: Director Sutton ABSENT: Director Aguera TRUCKEE N PUBL4 Ao" IC ILITY DISTRICT By J. on emig, President ATTEST: Peter L. Holzmeister, Clerk of the Board