HomeMy WebLinkAboutRes2000-042
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CITY OF SEWARD, ALASKA
RESOLUTION 2000-042
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEWARD,
ALASKA, URGING THE GOVERNOR AND LEGISLATURE TO ESTAB-
LISH A MUNICIPAL DIVIDEND
WHEREAS, municipal governments have partnered with state officials to find a solution to
steadily increasing local property taxes due to continuing state cuts to municipal revenue sharing; and
WHEREAS, the Municipal Dividend is a first step toward a long-range financial plan for
Alaska; and
WHEREAS, a Municipal Dividend does not impact the currently calculated amount ofthe
Permanent Fund Dividend over the next 20 years, while it provides local support in the amount of
$125 - $150 per capita that would otherwise be required from local taxes; and
WHEREAS, a Municipal Dividend is a long term solution to stabilize funding for municipal
revenue sharing and Municipal Capital Matching Grants, and will have a major impact on stabilizing
local taxes; and
WHEREAS, the Municipal Dividend will allow the Governor and Legislature to decrease
State General Fund spending (previous State General Fund support for revenue sharing and capital
matching grants) by approximately $45 -$55 million, allow the Legislative Majority to meet its $30
million General Fund reduction goal, while increasing the option for funding of schools, the
University, Power Cost Equalization, etc.; and
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY
OF SEWARD, ALASKA, that:
Section 1. The Seward City Council urges Governor Tony Knowles and the Alaska State
Legislature to establish a Municipal Dividend.
Section 2. This resolution shall take effect immediately upon its adoption.
PASSED AND APPROVED by the City Council of the City of Seward, Alaska, this 24 day
of April, 2000.
CITY OF SEWARD, ALASKA
RESOLUTION 2000-042
THE CITY OF SEWARD, ALASKA
ZZ':<. I ~u L.t -
Edgar Blatchford, Mayor
AYES:
NOES:
ABSENT:
ABSTAIN:
Clark, Calhoon, Brossow, King, Orr, Shafer, Blatchford
None
None
None
ATTEST:
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City Clerk
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