EXHIBIT 12-A

RESOLUTION 2004-_____

A Resolution of the Board of Directors of the

Monterey Peninsula Water Management District

Establishing an Appropriations Limit

for Fiscal Year 2004-2005

WHEREAS, Article XIII (B) of the California Constitution requires that each local government agency annually establish an appropriations limit; and

WHEREAS, the Monterey Peninsula Water Management District desires to establish its appropriations limit for the purpose of setting its budget;

NOW, THEREFORE, BE IT RESOLVED, that the Board of Directors of the Monterey Peninsula Water Management District hereby determines that the 2004-2005 appropriations limit for the District is $1,035,492 based on a 2003-2004 multiplier of 1.0421, as shown on Attachment 1.

On motion of Director ____________, and second by Director _____________, the foregoing resolution is duly adopted this 21^st day of June 2004 by the following votes:

AYES:

NAYS:

ABSENT:

I, Fran Farina, Secretary to the Board of Directors of the Monterey Peninsula Water Management District, hereby certify that the foregoing is a resolution duly adopted on the 21^st day of June 2004.

Witness my hand and seal of the Board of Directors this ____ day of June 2004.

_____________________________________

Fran Farina,

Secretary to the Board

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