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Resolution No. 3109-19 Water Enterprise1 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. 3109-19 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT ADOPTING THE BUDGET FOR THE WATER ENTERPRISE FUND FOR FISCAL YEAR 2019/20 WHEREAS, on March 21, 2019, the Board of Directors of the South Tahoe Public Utility District held a public meeting and directed District staff to develop the proposed budget for fiscal year 2019/20 with a proposed water service charge rate increase of 4.0% to fund the 2019/20 Water Capital Improvement Plan and operating budget of the Water Enterprise Fund. NOW, THEREFORE BE IT RESOLVED, by the Board of Directors of the South Tahoe Public Utility District that: The attached budget in the amount of $21,556,475 is adopted for the Fiscal Year beginning July 1, 2019, and ending June 30, 2020. WE THE UNDERSIGNED, do hereby certify that the above and foregoing Resolution No. 3109-19 was duly and regularly adopted and passed by the Board of Directors of the South Tahoe Public Utility District at a regular meeting duly held on the 16th day of May 2019, by the following vote: AYES: VOGELGESANG, SHEEHAN, EXLINE NOES: CEFALU, JONES ABSENT: NONE ATTEST' Melonie Guttry, Clerk oft Board South Tahoe Public Utility District -f-W--Ran gelgesang, Board President South Tahoe Public Utility District