Resolution 2369
RESOLUTION NO. 2369
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A RESOLUTION OF THE BOARD OF DIRECTORS
OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT
ADOPTING THE APPROPRIATIONS SUBJECT TO
LIMITATION FOR FISCAL YEAR 1985-1986
WHEREAS, the people of the State of California have elected
approve Constitutional Amendment XIIIB, and the Legislature
the State of California has voted to adopt Senate Bill No. 1352
7 which implements Constitutional Amendment XIIIB, setting the
8 method of computing annual appropriations subject to limitation,
9 changes in the per capita personal income, population and cost of
10 living; and
11 WHEREAS, such legislation sets the base year for this compu-
12 tation as Fiscal Year 1978-1979, and
13 WHEREAS, such legislation determined the public hearing
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14 process and required documentation setting such appropriation
15 limitations, and
16 WHEREAS, on June 20, 1985, such Hearings were held and
17 exhibits prepared and made public;
18 NOW, THEREFORE, the BOARD OF DIRECTORS of the'SOUTlITAHOE
19 PUBLIC UTILITY DISTRICT does find and declare that the approp-
20 riations subject to limitation for the Fiscal Year 1985-1986
21 are: $12,440,335;
22 and that for Fiscal Year 1985-1986, the proceeds of taxes as
23 defined in the enabling statutes are: $7,948,000;
24 and that the increase in proceeds of taxes over the appropriations
25 subject to limination are:$-O-.
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RESOLUTION NO. 2369
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I PASSED AND ADOPTED at a duly held regular meeting of the
2 Board of Directors of the South Tahoe Public Utility District
3 on the 20th day of June, 1985, by the following vote:
4 AYES: Directors Mason, Madden, Wynn, Olson, Jones
5 NOES: None
6 ABSENT: None
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12 ATTEST:
KAB~~~
SOUTH TAHOE PUBLIC UTILITY DISTRICT
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15 PAT A. IIAMATH, C ERK OF BOARD
16 SOUTH TAHOE PUBLIC UTILITY DISTRICT
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SOUTH TAHOE PUBLIC UTILITY DISTRICT
Sewer .1950 .Wal.r A PUBLIC AGENCY
POBox AU South Lake Tahoe. California 95705 Phone (916) 544-6474
1275 Meadow Crest Drive
PRESIDENT
MICKEY MADDEN
DIRECTORS
WALTER "NEAL" OLSON
JAMES R JONES
JOHN WYNN
ROBERT MASON
WORK SHEET FOR SOUTH TAHOE PUBLIC UTILITY DISTRICT
PERMITTED GROWTH RATE IN APPROPRIATIONS FOR 1984-1985
APPROPRIATIONS LIMITATION
1984.85
INCREASE IN CPI = 3.74 + 100.00 = 103.74
INCREASE IN POPULATION X
EL DORADO COUNTY
4.85 + 100.00 104.85
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FACTOR TO BE APPLIED TO 1984-85
APPROPRIATIONS LIMITATION X
~ Appropriations Limitation for 1985-86
$11,437,285
108.77
$12,440,335
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APPROPRIATIONS SUBJECT TO LIMITATION AND
PROCEEDS OF TAXES FOR FISCAL YEARS
FISCAL
YEAR
APPROPRIATIONS
SUBJECT TO
LIMITATION
ACTUAL
APPROPRIATIONS
1978-79
1979-80
1980-81
1981-82
1982-83
1983-84
1984-85
1985-86
5,119,295 5,119,295
6.212,732 5,345,000
7,518,656 7,346,417
8,938,797 8,002,145
10,032,012 8,434,263
10,678,074 9,858,866
11,437,285 9,902,600
12,440,335 9,163,000*
* Per 1985-86 Budget Summary
Revenues
Total Expenditures
\.., Depreciation
Transfers to Fixed
Asset Replacement Fund
7,575,581
1,215,000
372,419
9=,]=6=3=,=0=0=0==
PROCEEDS
OF TAXES
4,651,510
4,881,586
6,088,101
7,265,052
7,658,000
8,915,300
8,947,600
7,948,000*
7,948,000