3275-24 Adopting Budget for Water Enterprise Fund 2024-251
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RESOLUTION NO. 3275-24
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 2024/25
WHEREAS, on March 19, 2024, 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 2024/25 with a proposed water service charge rate increase of
9.5% to fund the 2024/25 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 $30,984,626 is adopted for the Fiscal Year
beginning July 1, 2024, and ending June 30, 2025.
WE THE UNDERSIGNED, do hereby certify that the above and foregoing
Resolution No. 3275-24 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
16'h day of May 2024, by the following vote:
AYES: Haven, Romsos, Peterson, Sheehan, Exline
NOES:
ABSENT:
David Peterson, Board President
South Tahoe Public Utility District
I � ATTEST
Shannon Chandler, Assistant Clerk of the Board
South Tahoe Public Utility District