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HomeMy WebLinkAboutRESOLUTION 1988-85Suggested by: Council RESOLUTION NO. 88-85 A RESOLUTION OF THE COUNCIL O~ THE CITY OF KENAI, ABASKA, PRIORITIZING STATE FUNDING TO LOCAL GOVERNMENTS INCLUDING I~NICIPAL ASSISTANCE, REVENUE SNARING, SCEOOB BOND INDEBTEDNESS AND FORMULA FUNDING FOR SCHOOLS. WHEREAS, it appears by all economic indications the State o£ Alaska is continuing in a depressed economic condition because of the slide in crude oil prices, and WHEREAS, economic circumstance, in all probability, will result in an attempt by the State to reduce pass through monies to local government in one area or another, and WHEREAS, a reduction in pass through mon&es to local government will most probably result in increased taxes at the local level, and WHEREAS, the City of Kenai, Alaska is extremely interested in seeing any reductions be passed through to local government in a fair and equitable manner, and WHEREAS, the City of Kenai, Alaska, through its City Council f~els that the most equitable distribution of State pass through monies to local government would be to retain Municipal Assistance and Revenue Sharing at full funding and should there be a necessity to reduce local funding, it should come in the area of school bond indebtedness on the basis that everyone will share in making up that di££erence as opposed to reducing only funding to municipalities. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA that the State of Alaska, through its legislative and administrative branches of government retain at full funding municipal assistance and revenue sharing to forestall any ma~or local tax increase that would result from the reducing said funds. PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 7th day h b L_ L_