HomeMy WebLinkAboutCC Reso No 1968-1247
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RESOLUTION NO. J ~47
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF El$i"ort;! J CALIFORNIA
RELATING TO SUPPORT OF S'T/-\'rE ABlh9 AND AD-
Jl:STMENT OF SALES rrAX RE\TETHJE DIS~RIBU~.'ION
WITHIN THE COUN~lY TO REDUCE PROPEHTY TAXES.
WHEREAS State Assembly Bill 149 proposes to rebate one
half cent of the State's sales tax to the Counties so they can
assume responsibility for various state programs and to reduce
County property taxes; and
WHEREAS the bill further p~oposes to require the State
to make quarterly installments to each COLmty of $10,000 and
the estimated balance of $155 million to be distributed to each
County based on its population and taxable sales; and
WHEREAS it has been estimated that the County of Riverside
would receive $2.6 million to be placed in a County property tax
reduction fund; and
WrlEREAS at the present time the County of Riverside is
receiving ten percent of the local agencies'one cent portion of
the State sales tax collected within the cities within the
County (five percent in the City of Palm Springs); and
WHEREAS it is the belief of the City of Elsinore
that there is less justification for the County to l'eceive
this portion of said sales tax in light of the financial needs of
the City and the possibility of the County receiving additional
State sales tax monies and it, therefore, appears that now is the
time to make an adjustment of said distribution arrangement.
NOW, THEREFORE, BE IT RESOLVED that the City of
Elsinore
herewith is considering pledging its support
of State AB149 provided that the County of Riverside would negotiate
an adjustment of the present City-County ratio of distribution of
monies received from the current one cent sales tax collected
within cities and now apportioned between the Cities and the
County of Riverside.
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ADOPTED by the City Council and signed by the Mayor
and attested by the City Clerk this
3 1968.
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Mayor of
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City Clerk of the City of Elsinore
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13th day of May
J
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