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Resolution NO. 3142-20 Water Enterprise Fund1 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. 3142-20 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 2020/21 WHEREAS, on April 16, 2020, 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 2020/21 with a proposed water service charge rate increase of 0% to fund the 2020/21 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 $24,163,510 is adopted for the Fiscal Year beginning July 1, 2020, and ending June 30, 2021. WE THE UNDERSIGNED, do hereby certify that the above and foregoing Resolution 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 21St day of May 2020, by the following vote: AYES: CEFALU, VOGELGESANG, SHEEHAN, EXLINE NOES: NONE ABSENT: NONE (ATTEST: Melonie Guttry, Clerk of the Board South Tahoe Public Utility District Randy Vogelgesang, Board President South Tahoe Public Utility District