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Resolution 2298 RESOLUTION NO. 2298 A RESOLUTION OF' THE BOARD OF DIRECTORS OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT ADOPTING THE APPROPRIATIONS SUBJECT TO LIMITATION FOR FISCAL YEAR 1983-1984 WHEREAS, the people of the State of California have elected to approve Constitutional Amendment XIIIB and the Legislature of the State of California has voted to adopt Senate Bill NO. 1352, which implements Constitutional Amendment XIIIB, setting the method of computing annual appropriations subject to limitation, changes in the per capita personal income, population and cost of living; and WHEREAS, such legislation sets the base year for this computation as Fiscal Year 1981-1982, and WHEREAS, such legislation determined the public hearing process and required documentation setting such appropriation limitations, and WHEREAS, on JUNE 16, 1983, such Hearings were held and exhibits prepared and made public; NOW, THEREFORE, the BOARD OF DIRECTORS of the SOUTH TAHOE PUBLIC UTILITY DISTRICT does find and declare that the appropriations subject to limitation for the fiscal year 1983 - 1984 are: $10,678,074 and that for Fiscal Year 1983-84, the proceeds of taxes as defined in the enabling statutes is: $ 8,915,300 and that the increase in proceed of taxes over the appropriations subject to limitation is: -0- Jap~s R. Jones, P ident SS lo h Tahoe Publ' Utility District ATTEST: M D; Aihbrose, Clerk of Board South jAhoe Public Utility District I hereby certify that the foregoing is a full, true and correct copy of RES.NO.2298 duly and regularly adopted by the Board of Directors of the South Tahoe Public Utility District, El Dorado County, California, at a meeting thereof duly held on the 16th day of JUNE, 1983by the following vote: AYES: and in favor thereof, Directors: JONES, OLSON, LOWE, MADDEN & WYNN NOES: None ABSENT: None Clerk a x-Officio Secretary South ahoe Public Utility District AFFIDAVIT PUBLICATION South Tahoe P U D Affidavit of Publication of Post ice ox--AU South Lake Tahoe,_ Ca- 95705 Notice Uf Hearing - W"i to tM SOUTH TAHOE PUBLIC UTIL- ITY DISTRICT for ANNUAL RESO- LUT10N LISHINO APPRO- PRIATIO LIMITA- TIONS F Me" D. Clerk Soirm 7 n nna ajed awouu IiQOW Jtb ao} STATE OF CALIFORNIA County of El Dorado I am a citizen of the United States and a resident of the Court foresoid: I am over the age of eighteen years, an not a part to or interested in the above- entitled matter. I am the principal clerk of the printer of The Tahoe Daily Tribune - Tahoe Sierra Tribune a CS )-I/ newspaper of general circulation, printed and published daily in the City of South lake Tahoe, County of El Dorado, and which newspaper has been adiudged a newspaper of general circulation by the Superior Court of the County of El Dorado, State of California, under the date of March 6 1970 Case Number 18569, that the notice of which the annexed is a printed copy (set in type not smaller than nonpareil), has been published in each regular and entire issue of said newspaper and not in any supplement thereof on the following dates, to wit: --J_11I2e-.~ _ all in the year 19 83 1 certify (or declare) under penalty that the foregoing is true and correct. Dated at South Lake Tahoe California, this 8th date of June 19 83 Signatu e ' I PRESIDENT SOUTH TAHOE PUBLIC UTILITY DISTRICT JAMES R. JONES Sewer .1850. Water A PUBLIC AGENCY DIRECTORS P O Box AU South Lake Tahoe, California 95705 Phone (916) 544-6474 WALTER "NEAL" OLSON 1275 Meadow Crest Drive LORRENE KASHUBA MICKEY MADDEN JOHN WYNN WORK SHEET FOR SOUTH TAHOE PUBLIC UTILITY DISTRICT PERMITTED GROWTH RATE IN APPROPRIATIONS FOR 1983 - 1984 APPROPRIATIONS LIMITATION 1982-83 $10,032,012 INCREASE IN CALIF. PERSONAL PER CAPITA INCOME 2.35 + 100.00 = 102.35 INCREASE IN POPULATION X EL DORADO COUNTY 4.00 + 100.00 = 104.00 106.44 FACTOR TO BE APPLIED TO 1981-82 APPROPRIATIONS LIMITATION X 106.44 APPROPRIATIONS LIMITATION FOR 1982-83 $10,678,074 BF/am 5/25/83 i- _ PRESIDENT SOUTH TAHOE PUBLIC UTILITY DISTRICT JAMES R. JONES Sewer .1950. Water A PUBLIC AGENCY DIRECTORS P O. Box ALI South Lake Tahoe, California 95705 Phone (916) 544-6474 WALTER "NEAL" OLSON LORRENE KASHUBA 1275 Meadow Crest Drive MICKEY MADDEN JOHN WYNN APPROPRIATIONS SUBJECT TO LIMITATION AND PROCEEDS OF TAXES FOR FISCAL YEARS FISCAL APPROPRIATIONS ACTUAL PROCEEDS YEAR SUBJECT TO APPROPRIATIONS OF TAXES LIMITATION 1978-79 5,119,295 5,119,295 4,651,510 1979-80 6,212,732 5,345,000 4,881,586 1980-81 7,518,656 7,346,417 6,088,101 1981-82 8,938,797 8,002,145 7,265,052 1982-83 10,032,012 8,434,263 7,658,000 1983-84 10,678,074 9,858,866* 8,915,300* *PER 1983-84 BUDGET SUMMARY Revenues 8,915,300 Total Expenditures 6,766,766 Depreciation 1,114,100 Transfers to Fixed Asset Replacement Fund 1,978,000 9,858,866 1%W