2003 RES R-101-03 - Laserfiche WebLink

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1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 RESOLUTION NO. R-101-03 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLTON, CALIFORNIA, SUPPORTING A STATEWIDE BALLOT INITIATIVE TO REQUIRE VOTER APPROVAL BEFORE STATE GOVERNMENT MAY TAKE LOCAL TAX FUNDS WHEREAS, State government annually seizes over $800 million in city property tax funds (ERAF) statewide, costing cities over $6.9 billion in lost revenues over the past 12 years and seriously reducing resources available for local public safety and other services; and WHEREAS, in adopting the State budget this year, the Legislature and Governor appropriated local vehicle license fee backfill and redevelopment property tax funds that are needed to finance critical city services; and WHEREAS; the deficit financing plan in the State budget depends on local property and sales tax swap that leaves City services vulnerable if the State's economic condition fails to improve and the adopted State budget assumes an ongoing structural budget deficit of at least $8 billion, putting City resources and services at risk in future years to additional State revenue raids; and WHEREAS, it is abundantly clear that State leaders will continue to use local tax funds to balance the State budget unless the voters limit the power of the Legislature and Governor to do so, and that the voters of California are the best judges of whether local tax funds should be diverted, confiscated, shifted, or otherwise taken to finance an ever- expanding State government; and WHEREAS, the General Assembly of Voting Delegates of the League of California Cities at its September 10, 2003 meeting voted to sponsor a statewide ballot initiative to empower the voters to limit the ability of State government to confiscate local tax funds to fund State government; and