HomeMy WebLinkAboutCity Council Resolution 15-030 - Support of Tax EquityRESOLUTION NO. 15-030
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
IN SUPPORT OF TAX EQUITY ALLOCATION CHANGES PROPOSED IN
GOVERNOR BROWN'S 2015-16 MAY BUDGET REVISION
WHEREAS, the enactment of Proposition 13 in 1978 unfairly impacted local
governments that collected no property tax or had low property tax rates; and
WHEREAS, as a result, Tax Equity Allocation (TEA) legislation has been adopted to
correct the imbalance and bring TEA cities to a seven percent property tax rate; and
WHEREAS, the property tax inequity has been addressed for all but four California TEA
cities, which are located in Santa Clara County; and
WHEREAS, these four cities still receive a reduced property tax allocation despite
efforts to bring the Santa Clara County TEA cities into alignment with other no/low property tax
cities; and
WHEREAS, the 2015-16 May Revision proposes to rectify the longstanding TEA issues
in Santa Clara County; and
WHEREAS, if approved, the full property tax rate for Santa Clara County's TEA cities
would be implemented over a five-year period; and
WHEREAS, allowing these cities to collect their full share of property taxes will
significantly improve their ability to serve the public and provide core services, such as road
maintenance and law enforcement.
NOW, THEREFORE BE IT RESOLVED, that the City Council of the City of Saratoga does
hereby support the changes to TEA proposed in Governor Jerry Brown's 2015-16 May Revision
and urges approval of this provision of the 2015-16 May Revision.
The above and foregoing resolution was passed and adopted at a regular meeting of the Saratoga
City Council held on the 20th day of May 2015 by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
AT
Desbie
Clerk
Mayor Howard A. Miller, Vice Mayor Manny Cappello, Council Member Emily
Lo, Mary -Lynne Bernald, Rishi Kumar
retschneider, Deputy City
0
Howard A. Miller, Mayor
DATE: 512---0/ / -