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HomeMy WebLinkAbout096-08 RESOLUTION NO. 96-2008 OPPOSING ANY ACTION BY THE STATE OF CALIFORNIA INVOLVING "BORROWING" LOCAL GOVERNMENT, REDEVELOPMENT AND TRANSPORTATION FUNQS TO BALANCE THE STATE BUDGET WHEREAS, on July 1, 2008 the California State Legislature missed its constitutional. budget deadline; and WHEREAS, both the Governor and the Legislative Budget Conference Committee have recommended balanced budgets without resorting to "loans" or seizures of local government property tax, redevelopment tax increment and transportation sales tax funds; and WHEREAS, in 1952 California voters approved Article XVI, Section 16 of the California Constitution, providing for tax increment financing for community revitalization, and have never authorized the legislature to take or "borrow" these local funds to balance the state budget; and WHEREAS, in 2004 by an 84 % margin of approval California voters approved Proposition lA, protecting local government funds from state raids to finance the state budget and paper over the state deficit; and WHEREAS, in 2006 by a 77% margin of approval California voters approved Proposition 42, providing similar protections to transportation funding for state and local transportation projects, including important street maintenance and public transit programs; and WHEREAS, while both ballot measures allow the Governor to declare a "severe state of fiscal hardship" and "borrow" these funds if they are repaid in three years with interest, the Governor believes it would be irresponsible to "borrow" such funds because it would deepen the state's structural deficit and cripple local government and transportation services; and WHEREAS, refusal by the Legislature to carryout its constitutional obligation to compromise on a balanced budget does not constitute a" severe state of fiscal hardship" and would not justify reductions in critical local services, community revitalization programs and infrastructure maintenance at a time when cities/ towns are struggling to balance their own budgets during this economic down turn; and WHEREAS, city/town investments in infrastructure, affordable housing and basic public safety and other community services will create needed jobs and speed our economic recovery; and WHEREAS, the Legislature should balance the State Budget with state revenues and respect the overwhelming support of voters for not using local property taxes, redevelopment tax increment, and transportation sales tax funds to fund the day-to-day operating cost of state programs; now therefore be it RESOLVED, that the Danville Town Council hereby opposes any and all efforts by state government to "borrow" or seize local tax funds, redevelopment tax increment, and transportation sales tax funds by the State Government to finance state operations. Such a move would be fiscally irresponsible for the State and hamper effective local services and infrastructure investments; and be it further RESOLVED, that the Mayor is hereby directed to send this resolution and communicate this Council's strong and unswerving opposition on this matter to our Legislators and the Governor along with an expression of our continued appreciation for the Governor's and any supportive legislators' steadfast opposition to further borrowing or seizure of these funds. APPROVED by the Danville Town Council at a special meeting on August 12,2008, by the following vote: AYES: Andersen, Arnerich, Doyle, NOES: None ABSTAINED: None ABSENT: None Stepper , // .?-l APPROVED AS TO FORM: ~13~ CITY ATTORNEY 1- ... PAGE 2 OF RESOLUTION NO. 96-2008