HomeMy WebLinkAboutRESOLUTION 1984-29
~1 N
~~
Suggested by: Mavor Tom Wagoner
CITY OF KENAI
RESOLUTION N0. 84-29
~. .
w
',l
--
A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA,
URGING THE 13TH ALASKA STATE LEGISLATURE TO ADOP1 A FORMULA
FUNDING PROGRAM FOR MUNICIPAL ASSISTANCE WHICH IS 30A OF THE
PREVIOUS YEARS CORPORATE INCOME TAX.
WHEREAS, the corporate income tax for fY 85 is estimated to be
90.9 million dollars, which is 20.4 million more than the 70.5
million requested by Governor Sheffield in his FY 85 budget
request, and
WHEREAS, the municipalities of Alaska base their planning on this
formula in order to create stability and predictability, and
WHEREAS, partial and/or irregular Funding of the formula causes
ma.~jor budgeting problems for the municipalities because local
budgets must be approved before the State budget is adopted, and
WHEREAS, reduced funding in the municipal assistance program for
municipalities will result in either increased Local property
taxes or reduced local services.
NOW, THEREFORE, QE IT RESOLVED BY THE COUNCIL OF THE CITY OF
KENAI, ALASKA, that the City Council respectfully requests the
i3th Alaska State Legislature to fully fund at the statutory
adopted formula the Municipal Assistance Program for FY 85 at
90.9 million dollars.
PASSED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA this 21st day
of MARCH, 1984. `~
Tom Wagoner, ay r
ATTEST: , /'
Q!~1La' G~-~2~a~~vt
net helan, City Clerk
~ . {I
~' ,~ _ , y
~ ~.,.,.~
a~
G ~ y~
~~~
3"ab_ gy