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HomeMy WebLinkAbout3309-25 Adopting the Budget for the Water Enterprise Fund Fiscal Year 2025-261 2 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. 3309-25 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 2025/26 WHEREAS, on April 3, 2025, 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 2025/26 with a proposed water service charge rate increase of 9.5% to fund the 2025/26 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 $29,520,561 is adopted for the Fiscal Year beginning July 1, 2025, and ending June 30, 2026. WE THE UNDERSIGNED, do hereby certify that the above and foregoing Resolution No. 3309-25 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 15th day of May 2025, by the following vote: AYES: Haven, Romsos, Sheehan, Exline NOES: Henderson ABSENT: � - Fotz Shane Romsos,Board President South Tahoe Public Utility District ATTEST:.r� L M, onie Guttry, Clerk of the oard South Tahoe Public Utility District