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HomeMy WebLinkAboutResolution No. 2022-02KENAI CITY OF KENAI RESOLUTION NO. 2022-02 Sponsored by: Administration A RESOLUTION OF THE COUNCIL OF THE CITY OF KENAI, ALASKA, ADOPTING AN ALTERNATIVE ALLOCATION METHOD FOR THE FY22 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 AREA. WHEREAS, AS 29.60.450 requires that for a municipality to participate in the FY22 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 2020 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. NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA: Section 1. City Council of the City of Kenai proposes to use an alternative allocation method for allocation of FY22 funding available within FMA 14: Cook Inlet Area in agreement with all other municipalities in this area participating in the FY22 Shared Fisheries Business Tax Program. Section 2. That the Kenai City Council by this Resolution certifies that the following alternative allocation method fairly represents the distribution of significant effects during 2019 of fisheries business activity in FMA 14: Cook Inlet Area: • That all municipalities share equally 50% of the allocation; all municipalities share the remaining 50% on a per capita basis. Section 3. That this resolution takes effect immediately upon adoption. ADOPTED BY THE COUNCIL OF THE CITY OF KENAI, ALASKA, this 51 day of January, 2022. KENAI _..� _.. ,enai 1 210 Heal— Ave, Kenai, AK 99611-7794 1 907.283.7535 1 www.6nai.city MEMORANDUM TO: Mayor Gabriel and Council Members THROUGH: Paul Ostrander, City Manager FROM: Terry Eubank, Finance Director DATE: December 20, 2021 SUBJECT: Resolution No. 2022-02 Adopting an Alternate Allocation Method for FY22 Shared 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 FY2021 share was $78,289.27 and was based upon 2019 collections by the DOR. The second method by which the City receives fish tax revenue is through the Alaska Department of Commerce Community and Economic Development (ADCCED) Shared Fisheries Business Tax Program. ADCCED receives 50% of the undistributed Raw Fish Tax from the DOR to distribute to impacted communities. For the Cook Inlet Fisheries Management Area, which the City is a part of, the amount to be distributed in FY22 is $21,510.76. Ten communities will receive a portion of that amount with the City of Kenai estimated to receive $1,278.46. 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 ($10,755.38 for FY2022) is divided equally amongst the communities, and the remaining half ($10,755.38 for FY2022) 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 2022-02 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 FY22 will again include an equal distribution of one-half the total and the remaining half is distributed based upon population of the community. The ten communities in the Cook Inlet Fisheries Management Area Page 2 of 2 Resolution 2022-02 are Anchorage, Homer, Kachemak, Kenai, Soldotna, Houston, and Palmer. Allocations to method will be the following: Anchorage $8,263.58 Homer 1,233.19 Kachemak 1,090.67 Kenai 1,278.46 Seldovia 1,081.35 Palmer 1,247.03 Thank you for your consideration. Kenai Peninsula Borough, Seldovia, Seward, each community under the alternative allocation Kenai Peninsula Borough $2,760.85 Seward 1,147.29 Soldotna 1,196.67 Houston 1.136.13 Page 2 of 2 JC-111' The City of Kenai I www.kenai.city