HomeMy WebLinkAboutRES 1996-34 - Board RESOLUTION NO.'9634
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Af30P7"1NG THE 1997 BUDGET BUDGET OVERHEADS AN]
CARR"Y'QVERS FROM 1996
WHEREAS, each year the District's staff prepares operating and capital improvement budgets for
the electric and water departments for the next fiscal year; and
WHEREAS, upon receipt of the draft budget, the Board of Directors reviews the proposed
operating and capital improvement plans and provides comments and recommendations; and
WHEREAS, prior to the adoption of the annual budget, staff reviews the major cost items and
capital improvement projects at a budget workshop with the Board; and
WHEREAS, also prior to adoption of the budget, the Board of Directors holds a public hearing to
provide an opportunity for the public to ask questions and make comments, and
WHEREAS, incorporated within the budget are various overhead rates that will be used during the
budget year; and
WHEREAS, the overhead rates will be applied to various operating functions and capital
improvement projects to determine the total costs of performing such work, and
WHEREAS, during 1996, purchases of various budgeted equipment will not be complete by
December 31, 1996, and staff has requested that the funding for the completion of these budget
items be carried forward to 1997,
NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Truckee Donner Public
Utility District as follows:
1. That the draft budget, as amended, be adopted as the operating and capital
improvement project plans for 1997.
2. That the overhead percentages shown in the draft budget be adopted for
use in 1997 as follows-
Labor overhead 52.00%
Vehicle overhead 35.56
Inventory overhead 30.13
Administrative overhead 1.89
Construction overhead 28.91
3. That the funding for the following list of 1996 budgeted projects/equipment
be carried forward for expenditure in 1997-
Cost Center 3-Administrative Services
Cash receipts optical scanner $35,000
Radio board for telephone system 1,500
TOTAL 1996 BUDGET FUNDING CARRYOVER $36,500
PASSED AND ADOPTED by the Board of Directors at a meeting duly called and held within the
District on the fourth day of December 1996 by the following roll call vote:
AYES: Aguera, Jones, Maass, Sutton and Hemig.
NOES: None.
ABSENT. None.
A^ TRUCKEE DONNER PUB IC UTILITY DISTRICT
By.
Peter L. Hol eis er, C erk of the Board
ATTE
usan M. Craig, Deputy District rk
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