Resolution 2657
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RESOLUTION NO. 2657
A RESOLUTION OF THE BOARD OF DIRECTORS OF
SOUTH TAHOE PUBLIC UTILITY DISTRICT
ADOPTING THE SEWER ENTERPRISE FUND APPROPRIATIONS
SUBJECT TO LIMITATION AND PROCEEDS OF TAXES FOR
FISCAL YEAR 1997-98
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 of local non-
10 residential construction and population; and
11 WHEREAS, the Directors selected the change in per capita personal income; and
12 WHEREAS, such legislation sets the base year for this computation as Fiscal Year
13 1978-79; and
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14 WHEREAS, such legislation requires documentation setting such appropriation
15 limitations shall be available to the public fifteen days prior to the adoption of this
16 resolution; and
17 WHEREAS, on June 3, 1997, such document was made public;
18 NOW, THEREFORE, THE BOARD OF DIRECTORS OF THE SOUTH TAHOE PUBLIC
19 UTILITY DISTRICT does find and declare that the appropriations subject to limitation for
20 the Fiscal Year 1996-97 are: $30,296,981; and that for Fiscal Year 1997-98, the
21 proceeds of taxes as defined in the enabling statues are: $3,180,000; and that the
22 increase in proceeds of taxes over the appropriations subject to limitations is $-0-.
23 PASSED AND ADOPTED at a duly held Regular Meeting of the Board of Directors
24 of the South Tahoe Public Utility District on the 19th day of June, 1997 by the following
25 vote:
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1 Resolution No. 2657
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4 AYES: Directors Wallace, Jones, Strohm, Mason, Mosbacher
5 NOES: None
6 ABSENT: None
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ATTEST:
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Kathy Shar:
Clerk of B rd/ Executive Secretary
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Christopher H. Strohm, Board President
South Tahoe Public Utility District