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3280-24 Adopting the Sewer Enterprise Fund Appropriations2 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. 3280-24 A RESOLUTION BY THE BOARD OF DIRECTORS OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT ADOPTING THE SEWER ENTERPRISE FUND APPROPRIATIONS SUBJECT TO LIMITATION AND PROCEEDS OF TAXES FOR FISCAL YEAR 2024/25 WHEREAS, the people of the State of California have elected to approve Constitutional Amendment XI11B, and the Legislature of the State of California has voted to adopt Senate Bill No. 1352, which implements Constitutional Amendment XIIIB, setting the method of computing annual appropriations subject to limitation of local non- residential construction and population; and, WHEREAS, the Directors selected the change in per capital personal income; and, WHEREAS, such legislation sets the base year for this computation as Fiscal Year 1978/79; and, WHEREAS, such legislation required documentation setting such appropriation limitations shall be available to the public fifteen days prior to the adoption of this Resolution; and, WHEREAS, on May 8, 2024, 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 subject to limitation for Fiscal Year 2024/25 are $44,552,777; and that for Fiscal Year 2024/25, the proceeds of taxes as defined in the enabling statutes are: $8,076,371; and that the increase in proceeds of taxes over the appropriations subject to limitations is: $-0. WE, THE UNDERSIGNED, do hereby certify that the above and foregoing Resolution No. 3280-24 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 6th day of June 2024, by the following vote: AYES: Haven, Romsos, Peterson, Sheehan, Exline NOES: ABSENT: 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 ATTEST: r Melonie Guttry, Clerk f the Bo d South Tahoe Public Utility District Resolution No. 3280-24 Page 2 June 6, 2024 2�' a --,- David Peterson, Board President South Tahoe Public Utility District