Resolution No. 3150-20 Water Enterprise Fund1
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RESOLUTION NO. 3150-20
A RESOLUTION OF THE BOARD OF DIRECTORS
OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT
ADOPTING THE AMENDED BUDGET FOR THE WATER ENTERPRISE FUND
FOR FISCAL YEAR 2020/21,
AND SUPERSEDING RESOLUTION NO. 3142-20 IN ITS ENTIRETY
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; and
WHEREAS, on May 21, 2020, the Board of Directors of the South Tahoe Public
Utility District approved resolution no. 3142-20 adopting the Fiscal Year 2020/21 Water
Enterprise Fund budget; and
WHEREAS, subsequent to the adoption of resolution no. 3142-20, the District
desired to amend the budget to incorporate budget reductions to partially, or
completely offset the current and potential future financial impacts of COVID 19.
NOW, THEREFORE BE IT RESOLVED, by the Board of Directors of the South Tahoe
Public Utility District that:
The attached amended budget in the amount of $23,527,485 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 20t" day of
August 2020, by the following vote:
AYES: CEFALU, WALLACE, VOGELGESANG, SHEEHAN, EXLINE
NOES: NONE
ABSENT: NONE
ATTEST:
Melonie Guttry, Clerk of th Board
Randy Vogelgesang, Board President
South Tahoe Public Utility District