HomeMy WebLinkAbout3312-25 Adopting Sewer and Water Enterprise Funds Appropriations 2025-2026RESOLUTION NO.3312-25
2 A RESOLUTION BY THE BOARD OF DIRECTORS
OF THE SOUTH TAHOE PUBLIC UTILITY DISTRICT
3 ADOPTING THE SEWER AND WATER ENTERPRISE FUNDS APPROPRIATIONS SUBJECT
4 TO LIMITATION AND PROCEEDS OF TAXES FOR FISCAL YEAR 2025/26
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WHEREAS, the people of the State of California have elected to approve
6 Constitutional Amendment X111B, and the Legislature of the State of California has
7 voted to adopt Senate Bill No. 1352, which implements Constitutional Amendment
XIIIB, setting the method of computing annual appropriations subject to limitation
8 of local non-residential construction and population; and,
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to WHEREAS, the Directors selected the change in per capital personal income; and,
t 1 WHEREAS, such legislation sets the base year for this computation as Fiscal Year
1978/79; and,
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13 WHEREAS, such legislation required documentation setting such appropriation
limitations shall be available to the public fifteen days prior to the adoption of this
14 Resolution; and,
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16 WHEREAS, on May 16, 2025, such documentation was made public:
17 NOW, THEREFORE, BE IT RESOLVED, that the Board of Directors of the South Tahoe
Public Utility District does find and declare that the appropriations subject to
18 limitation for Fiscal Year 2025/26 are $70,036,357; and that for Fiscal Year 2025/26,
19 the proceeds of taxes as defined in the enabling statutes are: $10,130,806; and
20 that the increase in proceeds of taxes over the appropriations subject to limitations
is: $0.
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22 WE, THE UNDERSIGNED, do hereby certify that the above and foregoing Resolution
No. 3312-25 was duly and regularly adopted and passed by the Board of Directors
23 of the South Tahoe Public Utility District at a Regular meeting held on the 5r" day of
24 June 2025, by the following vote:
25 AYES: Haven, Romsos, Henderson, Sheehan, Exline
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NOES:
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ABSENT:
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2 Y-t-v�
3 Shane Romsos, Board Vice President
South Tahoe Public Utility District
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ATTEST' —At&W
7 Melonie Guttry, ExeZ- tive Services Manager/
Clerk of the Board
8 South Tahoe Public Utility District
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Resolution No. 3312-25
Page 2
June 5, 2025