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HomeMy WebLinkAboutRES 2007-31 - Board TRUCKEE DONNER Resolution No. 2007 - 31 ADOPTING THE OVERHEAD RATES FOR THE 2008 BUDGET WHEREAS the Board of Directors and staff of the District participated in departmental workshops in the months of September and October of 2007 to review the draft Budget for 2008; and WHEREAS the draft budget for District operations and capital spending for the year 2008 recommends certain accounting overhead rates; 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 83.65% Transportation Overhead $10.05 Inventory Overhead 16.59% Administrative Overhead 1.16% Construction Overhead 29.07% 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 19t" of November 2007 by the following roll call vote: AYES: Directors Aguera, Hemig, Taylor and Thomason ABSTAIN: Director Sutton NOES: None ABSENT: None TRUCKEE DONNER PUBUCA ILITY DISTRICT B �- = Y Tim F. Taylor, Presi ent ATTEST: John L Irich, qjWk dkiie Ord