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Resolution No. 3060-17 Appropriations1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 RESOLUTION NO. 3060-17 A RESOLUTION BY THE BOARD OF DIRECTORS OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT ADOPTING THE SEWER ENERPRISE FUND APPROPRIATIONS SUBJECT TO LIMITATION AND PROCEEDS OF TAXES FOR FISCAL YEAR 2017/18 WHEREAS, the people of the State of California have elected to approve Constitutional Amendment X11113, and the Legislature of the State of California has voted to adopt Senate Bill No. 1352, which implements Constitutional Amendment XI11B, setting the method of computing annual appropriations subject to limitation of local non- residential construction and population; and, and, WHEREAS, the Directors selected the change in per capital personal income; 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, 2017, 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 2017/18 are $30,645,765; and that for Fiscal Year 2017/18, the proceeds of taxes as defined in the enabling statutes are: $7,865,000; and that the increase in proceeds of taxes over the appropriations subject to limitations is: $-0. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 WE, THE UNDERSIGNED, do hereby certify that the above and foregoing Resolution No. 3060-17 was duly and regularly adopted and passed by the Board of Directors of the South Tahoe Public Utility District at a regular meeting held on the 1St day of June, 2017, by the following vote: AYES: JONES, VOGELGESANG, SHEEHAN, WALLACE NOES: NONE ABSENT: CEFALU FATTEST: Melonie Guttry, Clerk of the oard South Tahoe Public Utility District Resolution No. 3060-17 Page 2 June 1, 2017 Randy Vogelgesang, Board President South Tahoe Public Utility District