Truckee Donner Public Utility District
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Truckee Donner Public Utility District (District) provides electricity service to 14,800 accounts and water service to 13,700 accounts. These services, including necessary capital replacements, are paid by rates. Expanding electric and water systems in response to growth in the community are paid by developer fees.
BUDGET The current budget can be located here
Per District Code, the District prepares a two-year budget biennial. Budget reflects past performance, current requirements, and future opportunities and risks. The budgets for both the District’s Electric Utility and Water Utility are balanced. That is to say, the revenue and transfers from reserves are equal to the sum of expenses, debt service, capital projects, and transfers to reserves.
The Electric and Water Utility are consistently addressing aging infrastructure and infrastructure system reliability improvements. Electric continues to invest in wildfire risks mitigation.
AUDITED FINANCIALS Current and prior audited financials can be located here
Per District Code, the District’s financial statements are annually audited by an independent certified public accounting firm. The District was formed and operates under the State of California Public Utility District Act. The District is governed by a board of directors which consists of five elected members. Truckee Donner PUD provides electric and water service to portions of Nevada and Placer Counties described as Truckee. The electric and water service operations are separately maintained and operated.
Truckee Donner PUD's blended component units consist of organizations whose respective governing boards are comprised entirely of the members of Truckee Donner PUD's Board of Directors. These organizations are reported as if they are a part of Truckee Donner PUD's operations. The entities are legally separate, however, in the case of the Truckee Donner Public Utility District Financing Corporation, financial support has been pledged and financial and operational policies may be significantly influenced by the District. The following is a description of the blended component units:
- Truckee Donner Public Utility District Financing Corporation is a legal entity that was created to issue and administer Certificates of Participation on behalf of Truckee Donner PUD.
- Truckee Donner Public Utility District Community Facilities District No. 03-1 (Old Greenwood) is a legal entity created to issue special tax bonds to finance various public improvements needed to develop property located within Old Greenwood.
- Truckee Donner Public Utility District Community Facilities District No. 04-1 (Gray’s Crossing) is a legal entity created to issue special tax bonds to finance various public improvements needed to develop property located within Gray’s Crossing.