Resolution 2566
RESOLUTION NO. 2566
A RESOWTION OF THE BOARD OF DIRECTORS OF THE SOUTH TAHOE PUBLIC
UTILITY DISTRICT ADOPTING THE SEWER ENTERPRISE FOND APPROPRIATIONS
\.,. 2 SUBJECT TO LIMITATION AND PROCEEDS OF TAXES FOR FISCAL YEAR 1992-1993
3
4 WHEREAS, the people of the State of California have elected to
5 approve Constitutional Amendment XIIIB, and the Legislature of the
6 State of California has voted to adopt Senate Bill No. 1352, which
7 implements Consti tutional Amendment XIIIB, setting the method of
8 computing annual appropriations subject to limitation of local non-
9 residential construction and popu1ation~ and
10 WHEREAS, the Directors selected the change in per capita personal
1 1 income, and
12 WHEREAS, such legiSlation sets the base year for this computation
13 as Fiscal Year 1978-1979, and
14 WHEREAS, such legiSlation determined the public hearing process
\.., 15 and required documentation setting such appropriation limitations, and
IG WHEREAS, on May 21, 1992, such Hearings were held and exhibits
17 prepared and 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
20 to limitation for the Fiscal Year 1992-1993 are: $23,317,528;
21 and that for the Fiscal Year 1992-1993, the proceeds of taxes as
22 defined in the enabling statutes are:
$11,029,100; and that the
23 increase in proceeds of taxes over the appropriations subj ect to
21 limitations are: $ - 0 -
\.
'-'
\.,
\., 2H
RESOLUTION NO. 2566
Page - 2
PASSED AND ADOPTED BY THE BOARD OF DIRECTORS of South Tahoe
2
Public utility District a duly held regular meeting on the 18th day of
June 1992, by the following vote: .
3
4
5
6
7
8
9
10
AYES:Directors pierini, Mosbacher, Wallace, Mason, Onysko
NOES: None
ABSENT: None
~~~
LOU PIERINI, CHAIRMAN OF BOARD
SOUTH TAHOE PUBLIC UTILITY DISTRICT
1 1
12
13
14
f\
ATTEST: fit- a ~
PAT A. MAMATH, CL RK 0 BO D
SOUTH TAHOE PUBLIC UTILITY DISTRICT
15
IG
17
18
19
20
21
22
23
2,1
'2:1
2G
27
4..,
SOUTH TAHOE PUBLIC UTILITY DISTRICT
PERMITTED GROWTH RATE IN APPROPRIATIONS FOR 1992-1993
APPROPRIATION LIMITATION 1992-1993
$22,520,309
DECREASE IN CA. PER CAPITA PERSONAL INCOME
[0.641 + 100.00 = 0.9936
100
INCREASE IN POPULATION X
EL DORADO COUNTY
4.21 + 100.00 = 1.0421
CHANGE RATIO 100
1. 0354
X 1. 0354
------
------
1IIIIItll;III:::::::I~I:~mll:~!I::i-::iml::::::::I:I:I:~:m:wli~:1
ACTUAL APPROPRIATIONS 1992-1993
I:~:~:::~:::I::I:~:::~:::!;:I
14.029.100 (1)
LIMITATION EXCEEDING ACTUAL APPROPRIATION 1992-1993
9,288,428
-----------
-----------
~ HISTORICAL APPROPRIATION LIMITATIONS AND PROCEEDS OF TAXES
FISCAL APPROPRIATION ACTUAL PROCEEDS ACTUAL
YEAR LIMITATION APPROPRIATIONS OF TAXES APPROPRIATIONS
UNDER LIMITATION
1978-79 5,119,295 5,119,295 4,651,510 0
1979-80 6,212,732 5,345,000 4,881,586 867,732
1980-81 7,518,656 7,346,417 6,088,101 172,239
1981-82 8,938,797 8,002,145 7,265,052 936,652
1982-83 10,032,012 8,434,263 7,658,000 1,597,749
1983-84 10,678,074 9,858,866 8,915,300 819,208
1984-85 11,437,285 9,902,600 8,947,600 1,534,685
1985-86 12,440,335 9,163,000 7,948,000 3,277,335
1986-87 13,472,883 9,816,790 8,419,000 3,656,093
1987-88 14,453,709 10,261,000 8,861,000 4,192,709
1988-89 16,030,609 12,936,139 9,228,900 3,094,470
1989-90 18,047,260 12,375,460 9,652,000 5,671,800
1990-91 20,473,000 12,429,941 10,307,500 8,043,059
1991-92 22,520,309 15,137,762 12,052,000 7,382,547
1992-93 23,317,528 14,029,100 11,029,100 9,288,428
---------- ---------- ---------- ---------
---------- ---------- ---------- ---------
(1) 1992-1993 Actual Appropriations:
\.., Cash Expenditures 11,029,100
Depreciation 3.000.000
Total Expenditures 14,029,100
----------
----------