Resolution 2743-02
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RESOLUTION NO. 2743-02
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 2002-03
5 WHEREAS, the people of the State of California have elected to approve
6 Constitutional Amendment XIIIB, and the Legislature of the State of California has voted
7 to adopt Senate Bill No. 1352, which implements Constitutional Amendment XIIIB, setting
8 the method of computing annual appropriations subject to limitation of local non-residential
9 construction and population; and
10 WHEREAS, the Directors selected the change in per capita personal income; and
11 WHEREAS, such legislation sets the base year for this computation as Fiscal Year
12 1978-79; and
13 WHEREAS, such legislation requires documentation setting such appropriation
\., 14 limitations shall be available to the public fifteen days prior to the adoption of this
15 resolution; and
16 WHEREAS, on May 20,2002, such documentation was made public;
17 NOW, THEREFORE, BE IT RESOLVED, that the Board of Directors of the South
18 Tahoe Public Utility District does find and declare that the appropriations subject to
19 limitation for the Fiscal Year 2002-03 are: $25,472,721; and that for Fiscal Year 2002-03,
20 the proceeds of taxes as defined in the enabling statues are: $3,976,000; and that the
21 increase in proceeds of taxes over the appropriations subject to limitations is: $-0.
22 PASSED AND ADOPTED at a duly held Regular Meeting of the Board of Directors
23 of the South Tahoe Public Utility District on the 6th day of June, 2002 by the following vote:
24 AYES: Directors Becker, Wallace, Schafer
25 NOES: None
26 ABSENT: Directors Jones, Mosbacher
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1 Resolution No. 2743-02
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~~~the Boaro
South Tahoe Public Utility District