Resolution 2595
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RESOLUTION NO. 2595
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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 1994-1995
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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-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 requires documentation setting
such appropriation limitations shall be available to the public
fifteen days prior to the adoption of this resolution; and
WHEREAS, on May 12, 1994, such documentation was made
public;
NOW, THEREFORE, THE BOARD OF DIRECTORS OF THE SOUTH TAHOE
PUBLIC UTILITY DISTRICT does find and declare that the approp-
riations subject to limitation for the Fiscal Year 1994-95 are:
$25,692,970; and that for Fiscal Year 1994-95, the proceeds of
24 taxes as defined in the enabling statutes are: $3,459,000; and
25 that the increase in proceeds of taxes over the appropriations
26 subject to limitations is: $-0-.
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Resolution No. 2595 - Page 2
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PASSED AND ADOPTED BY THE BOARD OF DIRECTORS of South
3 Tahoe Public Utility District at a duly held Regular Meeting on the
4 2nd day of June 1994, by the following vote:
5 AYES: Strohm, Mason, Wallace, Jones, Mosbacher
6 NOES: None
7 ABSENT: None
ABSTAIN: .
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DUANE WALLACE, PRESIDENT OF THE BOARD
SOUTH TAHOE PUBLIC UTILITY DISTRICT
ATTEST: fa;i' a, ?!tt/7?'t-~~
PAT A. MAMATH, CLERK OF BOARD
SOUTH TAHOE PUBLIC UTILITY DISTRICT
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