Loading...
HomeMy WebLinkAboutResolution No. 2015-65I IM04 Suggested by: Administration CITY OF KENAI RESOLUTION NO. 2015 -65 A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA ADOPTING AN ALTERNATIVE ALLOCATION METHOD FOR THE FY16 SHARED FISHERIES BUSINESS TAX PROGRAM AND CERTIFYING THAT THIS ALLOCATION METHOD FAIRLY REPRESENTS THE DISTRIBUTION OF SIGNIFICANT EFFECTS OF FISHERIES BUSINESS ACTIVITY IN FMA 14: COOK INLET. WHEREAS, AS 29.60.450 requires that for a municipality to participate in the FY16 Shared Fisheries Business Tax Program, the municipality must demonstrate to the Department of Community and Economic Development that the municipality suffered significant effects during calendar year 2013 from fisheries business activities; and WHEREAS, 3 AAC 134.060 provides for the allocation of available program funding to eligible municipalities located within fisheries management areas specified by the Department of Commerce, Community and Economic Development; and WHEREAS, 3 AAC 134.070 provides for the use, at the discretion of the Department of Community and Economic Development, of alternative allocation methods which may be used within fisheries management areas if all eligible municipalities within the area agree to use the method, and the method incorporates some measure of the relative significant effect of fisheries business activity on the respective municipalities in the area; and WHEREAS, the City Council of the City of Kenai proposes to use an alternative allocation method for allocation of FY16 funding available within FMA 14: COOK INLET in agreement with all other municipalities in this area participating in the FY16 Shared Fisheries Business Tax Program. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, the Kenai City Council by this resolution certifies that the following alternative allocation method fairly represents the distribution of significant effects during 2014 of fisheries business activity in FMA 14: COOK INLET: All municipalities share equally 50% of the allocation; all municipalities share the remaining 50% on a per capita basis. PASSED AND APPROVED BY A DULY CONSTITUTED QUORUM OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 2nd day of December, 2015. PAT PORTER, MAYOR "Villaye with a Past, C# with a Future" FINANCE DEPARTMENT 210 Fidalgo Avenue, Kenai, Alaska 99611 -7794 Telephone: 907 - 283 -7535 / FAX: 907 - 283 -3014 N.." To: Rick Koch, City Manager From: Terry Eubank, Finance Director Date: November 23, 2015 Re: Resolution 2015 -65 A resolution selecting an alternate allocation method for Share Fisheries Business Tax. The City receives revenue from the State of Alaska for fish tax collected by the State in two different methods. The Department of Revenue (DOR) distributes "Raw Fish Tax ", fisheries business taxes, fishery resource landing taxes, salmon marketing tax, and other seafood taxes from licensed seafood processors, floating processors, and seafood exporters, to eligible municipalities as prescribed in AS 43.77.060. The City's FY2015 share was $289,411 and was based upon 2013 collections by the DOR. The second method the City receives fish tax revenue is through the Alaska Department of Commerce Community and Economic Development ( ADCCED). ADCCED receives 50% of the undistributed Raw Fish Tax from the DOR to distribute through a program know as the Shared Fisheries Business Tax Program. For the Cook Inlet Fisheries Management Area, which the City is a part of the amount to be distributed in FY16 is $40,240.18. Eight communities will receive a portion of that amount with the City of Kenai estimated to receive $2,896.70. There are two methods of allocation for the Shared Fisheries Business Tax. The first method involves a lengthy application process in which the applicants must show the impact to their local community of the fishing industry. Once impact is shown, half of the total amount to be distributed ($40,240.18 for FY2016) is divided equally amongst the communities and the remaining half is distributed based upon the impact shown in their application. The second method permits all communities in Fisheries Management Area to elect an alternate method of allocation. This alternate method eliminates the lengthy community application process. Since inception of the Share Fisheries Business Tax Program in fiscal year 1992, the communities of the Cook Inlet Fisheries Management Area have selected the alternate allocation method. A resolution like 2015 -65 has been adopted every year since fiscal year 1992 and is a required step to elect the alternate allocation method. The alternate method elected by the Cook Inlet Fisheries Management Area for FYI will again include and equal distribution of one -half the total and the remaining half is distributed based upon population of the community. The eight communities in the Cook hilet Fisheries Management Area are Anchorage, Homer, Kachemak, Kenai, Kenai Peninsula Borough, Seldovia, Seward, and Soldotna. Allocations to each community under the alternative allocation method will be the following: Anchorage $18,521.07 Kenai Peninsula Borough $5,561.90 Homer 2,786.56 Seldovia 2,527.42 Kachemak 2,539.51 Seward 2,662.42 Kenai 2,896.70 Soldotna 2,744.60