Resolution 2789-04
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RESOLUTION NO. 2789-04
A RESOLUTION OF 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 2004-05
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
WHEREAS, the Directors selected the change in per capita personal income;
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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
WHEREAS, such legislation required documentation setting such appropriation
15 limitations shall be available to the public fifteen days prior to the adoption of this
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WHEREAS, on May 20, 2004, such documentation was made public:
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 2004-05 are: $25,744,451; and that for Fiscal Year $2004-04,
21 the proceeds of taxes are defined in the enabling statues are: $4,948,001; and that the
22 increase in proceeds of taxes over the appropriations subject to limitations is: $-0.
PASSED AND ADOPTED at a duly held regular meeting of the Board of
Directors of the South Tahoe Public Utility District on the 3rd day of June, 2004, by the
following vote:
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AYES:
NOES:
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Directors Wallace, Schafer, Comte, Mosbacher
None
President Jones
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1 Resolution No. 2789-04
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9 ATTEST:
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Kathy Sha Clerk of the Bard and
12 Ex-officio Secretary to the Board of Directors
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