Resolution 2955-14 � RESOLUTION NO. 2955-14
2 A RESOLUTION OF THE BOARD OF DIRECTORS OF
THE SOUTH TAHOE PUBLIC UTILITY DISTRICT
3 ADOPTING THE SEWER ENTERPRISE FUND APPROPRIATIONS
4 SUBJECT TO LIMITATION AND PROCEEDS OF TAXES FOR
FISCAL YEAR 2014-15
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WHEREAS, the people of the State of California have elected to approve
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Constitutional Amendment XIIIB, and the Legislature of the State of California has voted
� to adopt Senate Bill No. 1352, which impiements Constitutional Amendment XIIIB, setting
$ the method of computing annual appropriations subject to limitation of local non-
9 residential construction and population; and
10 WHEREAS, the Directors selected the change in per capita personal income; and
11 WHEREAS, such legislation sets the base year for this computation as Fiscal Year
�2 1978-79; and
13 WHEREAS, such legislation required documentation setting such appropriation
14 limitations shall be available to the p�blic fifteen days prior to the adoption of this
15 resolution; and
WHEREAS, on June 4, 2014, such documentation was made public:
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NOW, THEREFORE, BE IT RESOLVED, that the Board of Directors of the South Tahoe
�7 Public Utility District does find and declare that the appropriations subject to limitation
�$ for Fiscal Year 2014-15 are: $28,652,582; and that for Fiscal Year 2014-15, the proceeds
�9 of taxes as defined in the enabling statutes are: $6,857,001; and that the increase in
20 proceeds of taxes over the appropriations subject to limitations is: $-0.
21 PASSED AND ADOPTED at a duly held regular meeting of the Board of Directors of
22 the South Tahoe Public Utility District on the 19t" day of June, 2013, by the following vote:
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24 AYES: Cefalu, Jones, Vogelgesang, Sheehan, Schafer
NOES: None
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ABSENT: None
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27 Eric Schafer, Board esident
28 South Tahoe Public Utility District
ATTEST:
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30 Melonie Gutt , Clerk of the Board
ry
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