HomeMy WebLinkAboutCity Council Resolution 97-04 /~ESOLUTION NO. 97-04
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SARATOGA
REQUESTING IT8 LEGISLATIVE REPRESENTATIVES 8PONBOR LEGISLATION AMENDING
THE REVENUE AND TAXATION CODE RELATING TO TAX EQUITY ALLOCATION
WHEREAS, the City of Saratoga receives an allocation under the Tax
Equity Allocation provisions of the Revenue and Taxation Code provided
that it maintains its local tax efforts relating to any local tax
imposed prior to January 1, 1988, and
WHEREAS, the voters of Saratoga did on November 5, 1996, defeat a
proposal to extend a local tax, and
WHEREAS, the effect of this vote is to double the financial impact of
the loss of local tax revenue.
NOW THEREFORE, BE IT RESOLVED that the Saratoga City Council hereby
requests its state legislative representatives to reduce the fiscal
burden on the City of Saratoga by sponsoring legislation which would
allow cities whose voters have acted to repeal or fail to extend a
local tax to continue to receive their Tax Equity Allocation under the
provisions of the Revenue Code.
The above and foregoing resolution was passed and adopted by the
Saratoga City Council at a meeting held on the 21st day of January,
1997, by the following vote:
AYES: Councilmembers 8ogosi an, ~acobs. Shaw, Wolfe, and Mayor Moran
NOES: None
ABSENT: None
ATTEST:
~eputy City Cle~