HomeMy WebLinkAboutRES 2005-56RESOLUTION NO. 2005- 56
A RESOLUTION OF THE CITY OF DIAMOND BAR CITY COUNCIL
SUPPORTING PROPOSITION 76, THE "LIVE WITHIN OUR MEANS ACT", ON
THE NOVEMBER 8, 2005 STATEWIDE SPECIAL ELECTION BALLOT
A. RECITALS.
WHEREAS, the State of California has been faced with an ongoing fiscal crisis for the past several
years, spending many billions of dollars more than it receives as revenues;
WHEREAS, the non-partisan California Legisl tive Analyst's Office predicts billions in state bud
deficits for years to come, unless serious budget reforms are adopted; get
WHEREAS, Proposition 76, the "Live Within Our Means Act", will force state legislators to refrain from
overspending by limiting spending to the average rate of tax growth of the past three years;
WHEREAS, Proposition 76 establishes checks and balances to encourage the Governor and
Legislature to work together to cut wasteful spending and protect funding for education and public
safety;
WHEREAS, Proposition 76 will guarantee the protection of taxes dedicated to transportation
infrastructure, and prevent them from being diverted to the state general fund to balance the budget;
WHEREAS, Proposition 76 requires the state io use extra revenues from peak years to build "rainy
day funds" to prepare for future economic downturns. These reserves may be used to maintain
essential state services in times of revenue shortfall, allowing for protection against tax increases.
B. RESOLUTION.
NOW, THEREFORE, THE CITY COUNCIL FOR THE CITY OF DIAMOND BAR DOES HEREBY
RESOLVE AS FOLLOWS:
The City of Diamond Bar hereby supports Preposition 76, the "Live Within Our Means Act" on the
November 8, 2005 statewide special election ballot.
PASSED, APPROVED AND ADOPTED THIS 18th DAY OF OCTOBER 2005.
Wen P. Chang, Ma
I, Linda C. Lowry, City Clerk of the City of Diamond Bar, do hereby certify that the foregoing
Resolution was passed, adopted and approved at a regular meeting of the City Council of the City of
Diamond Bar held on 18th day of October, 2005, by the following vote:
AYES: COUNCIL MEMBERS: Herrera, Tanaka, zirbes,
MPT/O'Connor, M/Chang
NOES: COUNCIL MEMBER'S: None
ABSENT: COUNCIL MEMBERS: None
ABSTAINED: COUNCIL MEMBERS: None
Linda C. Lowry, Clerk
City of Diamond Bar
2005-56