Resolution 2466
........
.....
..... 'IN
X~
RESOLUTION NO. 2466
1
2
3
4
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 1988-1989
WHEREAS, the people of the State of California have
5 elected to approve Constitutional Amendment XIIIB, and the
6 Legislature of the State of California has voted to adopt Senate
7 BILL No. 1352, which implements Constitutional Amendment XIIIB,
8 setting the method of computing annual appropriations subject to
9 limitation, changes in the per capita personal income, population
10 and cost of living; and
11
WHEREAS, such legislation sets the base year for this
12 computation as Fiscal Year 1978-1979, and
13
WHEREAS, such legislation determined the public hearing
14 process and required documentation setting such appropriation
15 limitations, and
16 WHEREAS, on June 2, 1988, such Hearings were held and
17 exhibi ts prepared and made public;
18 NOW, THEREFORE, THE BOARD OF DIRECTORS OF THE SOUTH
19 TAHOE PUBLIC UTILITY DISTRICT does find and declare that the
20 appropriations subject to limitation for the Fiscal Year 1988-1989
2] are: $16,030,609;
22 and that for Fiscal Year 1988-1989, the proceeds of taxes as
23 defined in the enabling statuses are: $9,228,900;
24 and that the increase in proceeds of taxes over the appropriations
25 subject to limitation area: $ - 0 -
........
........
......
RESOLUTION NO. 2466
PAGE - 2
1
PASSED AND ADOPTED at a duly held regular meeting
2 of the Board of Directors of the South Tahoe Public Utility
3 District on the 2nd day of June, 1988, by the following vote:
4
5
6
7
8
9
10
11
12
AYES: Director Mason, Olson, Jones, Walker Sinclair
NOES: None
ABSENT: None
~~
)-
t .. " m({;-Q1-v^~
ROBERT MASON, CHAIRMAN OF BOARD
SOUTH TAHOE PUBLIC UTILITY DISTRICT
13
/i
;' ,: I
14 ATTEST: 1,:01 ",/
PAT A. MAMATH, CLERK OF BOARD
SOUTH TAHOE PUBLIC UTILITY DISTRICT
/1 4 ,/"
//'/ / "
/./ . ',,!/ ??:- //::~
15
16
17
18
19
20
2]
22
23
24
25
26
27
2R
********************
Resolution No. 2466
SOUTH TAHOE PUBLIC UTILITY DISTRICT
Sewer .1950 . Waler
A PUBLIC AGENCY
P.O. 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 1988-89
APPROPRIATIONS LIMITATION
1987-88
$14,453,709
INCREASE IN CPI + 3.93 + 100.00 = 103.93
INCREASE IN POPULATION X
EL DORADO COUNTY
6.72 + 100.00 106.72
110.91
------
------
FACTOR TO BE APPLIED TO 1987-88
APPROPRIATIONS LIMITATION
Appropriations Limitation for
'--
FISCAL
YEAR
1978-79
1979-80
1980-81
1981-82
1982-83
1983-84
1984-85
1985-86
1986-87
1987-88
1988-89
X
110.91
$16,030,609
------------
-----------
APPROPRIATIONS SUBJECT TO LIMITATION AND
PROCEEDS OF TAXES FOR FISCAL YEARS
APPROPRIATIONS
SUBJECT TO
LIMITATION
5,119,295
6,212,732
7,518,656
8,938,797
10,032,012
10,678,074
11,437,285
12,440,335
13,472,883
14,453,709
16,030,609
*Per
Revenues
Total Expenditures
Depreciation
.........
ACTUAL
APPROPRIATIONS
PROCEEDS
OF TAXES
5,119,295
5,345,000
7,346,417
8,002,145
8,434,263
9,858,866
9,902,600
9,163,000
9,816,790
10,261,000
12,936,139
1988-89 BUdget Summary
4,651,510
4,881,586
6,088,101
7,265,052
7,658,000
8,915,300
8,947,600
7,948,000
8,419,000
8,861,000
9,228,900
9,228,900
10,876,139
2,060,000
12,936,139
----------
----------