Resolution 2800-05 1 RESOLUTION NO. 2800-05
2 A RESOLUTION OF THE BOARD OF DIRECTORS OF
3 THE SOUTH TAHOE PUBLIC UTILITY DISTRICT
ADOPTING THE SEWER ENTERPRISE FUND APPROPRIATIONS
4 SUBJECT TO LIMITATION AND PROCEEDS OF TAXES FOR
5 FISCAL YEAR 2005 -06
6 WHEREAS, the people of the State of California have elected to approve
7 Constitutional Amendment XIIB, and the Legislature of the State of California has voted
8 to adopt Senate Bill No. 1352, which implements Constitutional Amendment XIIB,
9 setting the method of computing annual appropriations subject to limitation of local non -
10 residential construction and population; and
11 WHEREAS, the Directors selected the change in per capita personal income;
and
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WHEREAS, such legislation sets the base year for this computation as Fiscal
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Year 1978 -79; and
14 WHEREAS, such legislation required documentation setting such appropriation
15 limitations shall be available to the public fifteen days prior to the adoption of this
16 resolution; and
17 WHEREAS, on May 13, 2005, such documentation was made public:
18 NOW, THEREFORE, BE IT RESOLVED, that the Board of Directors of the South
19 Tahoe Public Utility District does find and declare that the appropriations subject to
20 limitation for Fiscal Year 2005 -06 are: $23,658,624; and that for Fiscal Year 2005 -06,
21 the proceeds of taxes are defined in the enabling statues are: $5,266,001; and that the
22 increase in proceeds of taxes over the appropriations subject to limitations is: $ -0.
23 PASSED AND ADOPTED at a duly held regular meeting of the Board of
24 Directors of the South Tahoe Public Utility District on the 2 " day of June, 2005, by the
following vote:
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AYES: Directors Jones, Wallace, Schafer, Comte, Mosbacher
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NOES: None
27 ABSENT: None
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1 Resolution No. 2800 -05
2 June 2, 2005
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Eric W. Sch fer, t: and President
7 South Tahoe Public Utility District
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9 ATTEST:
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11 Q.1 A _ /C-
Kathy Shar � , Clerk of the Boa rd
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