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Resolution No. 3087-18 Appropriations Henderson1 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. 3087-18 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 2018/19 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 X111B, 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 I limitations shall be available to the public fifteen days prior to the adoption of this Resolution; and, WHEREAS, on May 18, 2018, 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 j subject to limitation for Fiscal Year 2018/19 are $34,370,640; and that for Fiscal Year 2018/19, the proceeds of taxes as defined in the enabling statutes are: $8,371,000; I 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. 3087-17 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 7th day of June, 2018, by the following vote: AYES: JONES, VOGELGESANG, SHEEHAN, WALLACE NOES: NONE ABSENT: CEFALU ATTEST: Melonie Guttry, C erk of the Board South Tahoe Public Utility District Resolution No. 3087-18 'age 2 June 7, 2018 Lq Randy Vogelgesang, Board President South Tahoe Public Utility District