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3246-23 Adopting Budget for Water Enterprise Fund for 23/24 1 RESOLUTION NO. 3246-23 2 A RESOLUTION OF THE BOARD OF DIRECTORS 3 OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT ADOPTING THE BUDGET FOR THE WATER ENTERPRISE FUND 4 FOR FISCAL YEAR 2023-24 5 6 WHEREAS, on April 6, 2023, the Board of Directors of the South Tahoe Public 7 Utility District held a public meeting and directed District staff to develop the proposed 8 budget for fiscal year 2023/24 with a proposed water service charge rate increase of 9 9.5% to fund the 2023/24 water capital improvement plan and operating budget of the 10 Water Enterprise Fund. 11 12 13 NOW, THEREFORE BE IT RESOLVED, by the Board of Directors of the South 14 Tahoe Public Utility District that: 15 The attached budget in the amount of $27,924,511 is adopted for the Fiscal Year beginning July 1, 2023, and ending June 30, 2024. 16 17 WE THE UNDERSIGNED, do hereby certify that the above and foregoing 18 resolution was duly and regularly adopted and passed by the Board of Directors of the 19 South Tahoe Public Utility District at a regular meeting duly held on the 18th day of May 20 2023, by the following vote: 21 22 AYES: Romsos, Peterson, Sheehan, Exline 23 NOES: 24 ABSENT: Haven /4-5 25 D4vid Peterson, Board President 26 South Tahoe Public Utility District 27 IATTEST : 28 29 Me!onie Guttry, Executive Services Manager/ 30 Clerk of the Board South Tahoe Public Utility District