Resolution 2893-111
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WHEREAS, the people of the State of California have elected to approve
Constitutional Amendment XIIB, and the Legislature of the State of California has voted
to adopt Senate Bill No. 1352, which implements Constitutional Amendment XIIB, setting
the method of computing annual appropriations subject to limitation of local non-
residential construction and population; and
WHEREAS, the Directors selected the change in per capita personal income; and
WHEREAS, such legislation sets the base year for this computation as Fiscal Year
1978 -79; and
WHEREAS, such legislation required documentation setting such appropriation
limitations shall be available to the public fifteen days prior to the adoption of this
resolution; and
WHEREAS, on May 3, 2011, such documentation was made public:
NOW, THEREFORE, BE IT RESOLVED, that the Board of Directors of the South Tahoe
Public Utility District does find and declare that the appropriations subject to limitation
for Fiscal Year 2011 -12 are: $37,490,743; and that for Fiscal Year 2011-12, the proceeds
of taxes as defined in the enabling statues are: $6,876,001; and that the increase in
proceeds of taxes over the appropriations subject to limitations is: $ -0.
PASSED AND ADOPTED at a duly held regular meeting of the Board of Directors of
the South Tahoe Public Utility District on the 2nd day of June, 2011, by the following vote:
AYES: Cefalu, Jones, Mosbacher, Rise, Schafer
NOES: None
ABSENT:
ATTEST:
None
Kathy Shar Jerk of the B
and
RESOLUTION NO. 2893-11
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 2011 -12
ill ;al
Dale Rise, Board President
South Tahoe Public Utility District