Resolution 2481
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RESOLUTION NO. 248l
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A RESOLUTION OF THE BOARD OF DIRECTORS OF THE
SOUTH TAHOE PUBLIC UTILITY DISTRICT ADOPTING THE SEWER
ENTERPRISE FUND APPROPRIATIONS SUBJECT TO LIMITATION AND
PROCEEDS OF TAXES FOR FISCAL YEAR 1989-l990
3 WHEREAS, the people of the State of California have
4 elected to approve Constitutional Amendment XIII B, and the
5 Legislature of the State of California has voted to adopt Senate
6 Bill No. 1352, which implements Constitutional Amendment XliI B,
7 setting the method of computing annual appropriations subject to
8 limitation, changes in the per capita personal income, population
9 and cost of living; and
10 WHEREAS, such legislation sets the base year for this
II computation as Fiscal Year 1978-l979, and
12 WHEREAS, such legislation determined the public hearing
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13 process and required documentation setting such appropriation
14 limitations, and
15 WHEREAS, on April 6, 1989, such Hearings were held and
16 exhibits prepared and made public;
17 NOW, THEREFORE, THE BOARD OF DIRECTORS OF THE SOUTH
18 TAHOE PUBLIC UTILITY DISTRICT does find and declare that the
19 appropriations subject to limitation for the Fiscal Year 1989--1U9
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are:
$l8,047,260;
21 and that for the Fiscal Year 1989-1990, the proceeds of taxes as
22 defined in the enabling statutes are: $9,652,000;
23 and that the increase in proceeds of taxes over the appropriation~
24 subject to limitation are: $ - 0 -
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RESOLUTION NO. 2481
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3 PASSED AND ADOPTED at a duly held regular meeting
4 of the Board of Directors of the South Tahoe Public Utility
5 District on the 18th of May, 1989, by the fOllowing vote:
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AYES: Directors Olson, Mason, Walker, Sinclair
NOES: None
ABSENT: Director Jones
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ROBERT MASON, CHAIRMAN OF BOARD
SOUTH TAHOE PUBLIC UTILITY DISTRICT
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19 ATTEST:~:!../ t, ( /'. ('(<1/,11 <;1 :../C
PAT A. MAMATH, CLERK OF BOARD
20 SOUTH TAHOE PUBLIC UTILITY DISTRICT
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SOUTH TAHOE PUBLIC UTILITY DISTRICT
CHAIRMAN
ROBERT MASON
Sewer, 1950 , Water
A PUBLIC AGENCY
DIRECTORS
WALTER NEAL OLSON
JAMES R JONES
NOEL B WALKER
NAT SINCLAIR
PO. Box 70542 . South Lake Tahoe, California 95705 . Phone (916) 544-6474
1275 Meadow Crest Drive
WORK SHEET FOR SOUTH TAHOE PUBLIC UTILITY DISTRICT
PERMITTED GROWTH RATE IN APPROPRIATIONS FOR 1989-90
APPROPRIATIONS LHlITATION
1988-89
$l6,030,609
INCREASE IN CPI
4.98 + lOO.OO = l04.98
INCREASE IN POPULATION
EL DORADO COUNTY
x
7.24 + lOO.OO
l07.24
ll2.58
FACTOR TO BE APPLIED TO 1988-89
APPROPRIATIONS LIMITATION
Appropriations Limitation for
x
ll2.58
$18'; 04 Y-;2:6 0
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APPROPRIATIONS SUBJECT TO LIMITATION AND
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PROCEEDS OF TAXES FOR FISCAL YEARS
FISCAL APPROPRIATIONS ACTUAL
YEAR SUBJECT TO APPROPRIATIONS
LIMITATION
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1978-79 5,119,295 5,119,295
1979-80 6,2l2,732 5,345,000
1980-81 7,5l8,656 7,346,4l7
1981-82 8,938,797 8,002,145
1982-83 10,032,012 8,434,263
1983-84 lO,678,074 9,858,866
1984-85 ll,437,285 9,902,600
1985-86 12,440r335 9,l63,000
1986-87 l3,472,883 9,816,790
1987-88 l4,453,709 10,26l,000
1988-89 l6r030,609 l2,936,139
1989-90 l8,047,260 l2,375,460*
PROCEEDS
OF TAXES
4,65l,5l0
4,881,586
6,088,lOl
7,265,052
7,658,000
8,915,300
8,947,600
7,948,000
8,419,000
8r861,OOO
9,228,900
9,652,000*
*Per 1989-90 Budget Summary
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Revenues
Total Expenditures
Depreciation
9,652,000
lO,095,460
2,280,000
12,375~60
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