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Resolution 2549 . \.., 7 8 9 10 11 12 13 '- 14 15 16 17 18 19 20 21 24 25 26 \., 27 28 RESOLUTION NO. 2549 2 3 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 1991-1992 4 WHEREAS, the people of the State of California have 5 elected to approve Constitutional Amendment XIIIB, and the 6 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, assessment 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 1978-1979, and WHEREAS, such legislation determined the public hearing process and required documentation setting such appropriation limitations, and WHEREAS, on May 16, 1991, such Hearings were held and exhibits prepared and made public; NOW, THEREFORE, THE BOARD OF DIRECTORS OF THE SOUTH 22 TAHOE PUBLIC UTILITY DISTRICT does find and declare that the 23 appropriations subject to limitation for the Fiscal Year 1991-1992 are: $22,520,309; and that for the Fiscal Year 1991-1992, the proceeds of taxes as defined in the enabling statutes are: $12,052,000; and that the increase in proceeds of taxes over the appropriations subject to limitations are: $ - 0 - \." \w \,., 27 28 Resolution 2549 Page - 2 PASSED AND ADOPTED by the Board of Directors of 2 South Tahoe Public Utility District at a duly held regular 3 meeting on the 20th day of June, 1991, by the following vote: 4 AYES: Directors Sinclair, Pierini, Mosbacher, Mason, Onysko 5 NOES: None 6 ABSENT: None 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 NAT INCLAIR, CHAIRMAN OF BOARD SOUTH TAHOE PUBLIC UTILITY DISTRICT J /'~~ ATTEST: ~d fA. ?n ' PA A. MAMATH; C erk of Board SOUTH TAHOE PUBLIC UTILITY DISTRICT SOUTH TAHOE PUBLIC UTILITY DISTRICT Chairman NAT SINCLAIR Sewer ,1950 .Water A PUBLIC AGENCY P.O, Box 19487 . South Lake Tahoe, California 95706-3487 . Phone (916) 544,6474 1275 Meadow Crest Drive FAX (916) 541,0614 Directors ROBERT MASON MARY LOU MOSBACHER STEVEN J. ONYSKO LOU PIERINI WORK SHEET FOR SOUTH TAHOE PUBLIC UTILITY DISTRICT PERMITTED GROWTH RATE IN APPROPRIATIONS FOR 1991-1992 APPROPRIATIONS LIMITATION 1990-l99l $20,473,008.00 INCREASE IN CALIF. PER CAPITA PERSONAL INCOME 4.14 + lOO.OO = 104.14 INCREASE IN POPULATION X EL DORADO COUNTY 5.63 + lOO.OO = 105.63 110.00 ------ ------ ~ FACTOR TO BE 1990-9l APPROPRIATIONS LIMITATION X Appropriations Limitation for 1991-l992 111. 96 $22,520,309.00 --------------- --------------- APPROPRIATIONS SUBJECT TO LIMITATION AND PROCEEDS OF TAXES FOR FISCAL YEARS FISCAL APPROPRIATIONS ACTUAL PROCEEDS YEAR SUBJECT TO APPROPRIATIONS OF TAXES LIMITATIONS 1978-79 5,l19,295 5,ll9,29S 4,651,510 1979-89 6,212,732 5,345,000 4,88l,586 1980-81 7,518,656 7,346,4l7 6,088,lOl 1981-82 8,938,797 8,002,l45 7,265,052 1982-83 lO,032,Ol2 8,434,263 7,658,000 1983-84 lO,678,074 9,858,866 8,9l5,300 1984-85 ll,437,28S 9,902,600 8,947,600 1985-86 l2,440,335 9,163,000 7,948,000 1986-87 l3,472,883 9,8l6,790 8,419,000 1987-88 l4,453,709 10,26l,000 8,861,000 1988-89 l6,030,609 12,936,139 9,228,900 1989-90 18,047,260 12,375,460 9,652,000 1990-91 20,473,000 12,429,941* lO,307,500* 1991-92 22,520,309 15,137,762 12,052,000 *Per 1990-9l Budget Summary Revenues 12,l37,762 l2,052,000 \.,. Total Expenditures 3,000,000 Depreciation l5,l37,762