HomeMy WebLinkAboutRESOLUTION NO. 1-14-92 Resolution No .W.�l` � �
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.RESOLUTION OPPOSING THE PROPOSAL OF THE GOVERNOR:' S COMMITTEE ON
GOVERNMENT SPENDING REFORM TO ADDRESS IOWA' S STATE BUDGET 'DEFICIT
BY RE-ALLOCATING $50, 000, 000 . 00 FROM MOTOR 'VEHICLE USE TAX REVENUES
TO THE STATE GENERAL FUND.
WHEREAS , the Governor ' s Committee On Government Spending Reform has
issued its final report which proposes to reallocate $50 million of
use tax revenues annually for four. years to retire the GAAP deficit
and to start building an emergency reserve fund ; and
WHEREAS , it is estimated the annual costs of this proposal to
municipal governments will range from $4 . 71 per capita to $9 . 65
per capita; and
WHEREAS , If Is estimated that the city FAIRFAX will lose between
$8 ,673 . 80 and $7 , 527 . 00 annually in revenue from the use tax; and
WHEREAS , as a result of the Surface Transportation Efficiency Act of
1991. , municipal governments ' share of federally-financed transportation
programs has increased from 10 percent to 20 percent of project costs ;
and
WHEREAS , numerous existing annual diversions from the Road Use
T'ax Fund (RUTF) , such as funding of the Iowa Highway Patrol , reduces
municipal governments ' share of RUTF revenues ; and
WHEREAS , any loss of road funds by municipal governments will result
directly in property tax increases or servicereductions to municipal
residents ; and
WHEREAS , the FAIRFAX City Council is opposed to any diversion of
funds from the RUTF to finance state budget deficits ; and
WHEREAS , the FAIRFAX City Council_ desires to publicly declare
its opposition to the diversion proposal and wishes its position
be communicated to the Governor and the Iowa Legislature .
NOW, THEREFORE BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF''
FAIRFAX, IOWA, that the City Council is opposed to any proposal which
reduces municipal governments ' share of state revenues to , the Road
U.se Tax Fund .
Passed and approved this1 - day of 4,f/i h A ^^_, 1992
R ssell D. Na ing , Mayor
ATTEST,
City Clerk