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HomeMy WebLinkAboutRES 96-26RESOLUTION NO. 96-26 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DIAMOND BAR SUPPORTING SENATE BILL 1977. A. RECITALS (i) The Sales and Use Tax Law and the Bradley -Burns Uniform Local Sales and Use Tax Law impose state and local taxes, respectively, on the gross receipts from the sale, storage, use, or other consumption in this state of tangible personal property; and (ii) Senate Bill 1977 (SB 1977) has been introduced by Senator Richard Mountjoy for consideration by the California State Legislature; and (iii) SB 1977 would amend current tax law increasing the current allocation of sales tax revenue distribution for cities from 1 % to 2%; and (iv) Passage of SB 1977 would help replace the revenues lost by cities to the State of California in recent years due to shifts in property tax revenues. _ B. RESOLUTION NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF DIAMOND BAR DOES RESOLVE, DETERMINE AND ORDER AS FOLLOWS: 1. That the above recitations are true. 2. That the City Council of the City of Diamond Bar hereby supports and endorses passage of SB 1977. 3. That the Cry's General Plan, Public Services and Facilities Element, states: It support legislation that would redistribute sales tax revenues to local agencies based upon an equitable formula that would include both the location where the sales tax revenue was collected and the population of each local agency involved..." 4. That the City would support a conditional amendment prohibiting the State from diverting property taxes from local government. 5. That the City support priority funding for education. 6. The City Clerk shall certify the adoption of this resolution. PASSED, APPROVED AND ADOPTED this 16th day of April, 1996. MAYOR I, LYNDA BURGESS, City Clerk of the City of Diamond Bar do hereby certify that the foregoing Resolution was passed, approved and adopted at the regular meeting of the City Council of the City of Diamond Bar held on the 16th day of April, 1996, by the following vote: AYES: COUNCILMEMBERS: Harmony, Herrera, Werner, MPT Huff, and M/Ansari NOES: COUNCILMEMBERS: None ABSENT: COUNCILMEMBERS: None ABSTAINED: COUNCILMEMBERS: None ATTESfQk LyAda BuFgess,.Cit CAerk