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HomeMy WebLinkAboutRES 2009-34 - Board TRUCKEE DON s Resolution No. 2009 - 34 ADOPTING THE OVERHEAD ALLOCATION RATES FOR THE 2010 AND 2011 BUDGET WHEREAS the Board of Directors and staff of the District participated in departmental workshops in the months of September, October, and November of 2009 to review the draft Budget for 2010 and 2011; and WHEREAS the draft budget for District operations and capital spending for the years 2010 and 2011 recommends certain accounting overhead allocation rates; and NOW THEREFORE BE IT RESOLVED by the Board of Directors of Truckee Donner Public Utility District adopts the following budget overhead allocation rates: Overhead Rate FY10 FYI Labor 85.91% 89.82% Transportation $ 10.97 $ 11.25 Inventory 24.73% 25.81% Administration 2.79% 2.81% Construction 24.93% 25.71% PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the District on the 18 thof November 2009 by the following roll call vote: AYES: Directors Aguera, Bender, Hemig and Hillstrom NOES: None ABSTAIN: None ABSENT: Director Sutton TRUCKEE DONN PUBLIC UTILITY DISTRICT By J. Ro mig, President of the Board ATTEST: Michael D. Holley, Clerk of the Board