HomeMy WebLinkAboutRES 92-14RESOLUTION NO. 92-14
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF DIAMOND BAR OPPOSING THE
LOSS OF PROPERTY TAB REVENUE - AB3214
WHEREAS, Governor Wilson's 1992-93 Fiscal Year Budget proposes
to shift $347 Million of annual local property tax revenue from
enterprise special districts to school districts, to meet funding
requirements prescribed by Proposition 98; and
WHEREAS, the revenue transfer does not provide additional
funding to the schools; but rather reduces the obligations of the
state as required by Proposition 98; and
WHEREAS, schools are entitled to a certain percentage of the
state budget under state law and thus are provided a share of
revenue even if the property tax shift is not enacted; and
WHEREAS, the current distribution formula of property tax
revenue is unfair and inequitable;
WHEREAS, the Governor's proposal would place an undue
financial hardship on already stressed local economies; and
WHEREAS, the proposed property tax revenue transfer would
force the enterprise special districts to recover the revenues in
the form of substantial rate hikes for sewer, water and other
services; and
WHEREAS, the citizens of Diamond Bar would be adversely
affected by substantial increases in their special district's
bills; and
WHEREAS, it is unfair to place the burden of balancing the
state's budget on sewer and other utility users;
NOW, THEREFORE, BE IT RESOLVED, that the City Council of
Diamond Bar opposes Governor Wilson's proposed transfer of property
tax revenues from "enterprise" special districts to schools.
BE IT FURTHER RESOLVED, that the State Legislature re-evaluate
the purpose and methodology of distributing property taxes to meet
public service.
BE IT FURTHER RESOLVED, that a copy of this resolution be
forwarded to the Governor, members of the Los Angeles County
Delegation to the California Legislature, appropriate Committees of
the California Legislature, and others as deemed appropriate.
PASSED, ADOPTED AND APPROVED this 7th day of Anril,992.
Mayo
wu
I, LYNDA BURGESS, 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 the 7th day of ADril, 1992, by the following
vote:
AYES: COUNCIL MEMBERS: Forbing, Miller, Werner,
MPT/Papen, M/Kim
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
ABSTAINED: COUNCIL MEMBERS: None
ATTEST:
it Clerk of the tity
of Diamond Bar