2000-16 Municipal Dividend Payment ProgramATTE
ADOPTE
Judith A. Nielsen, cMC, Borough Clerk
Kodiak Island Borough, Alaska
KODIAK ISLAND BOROUGH
RESOLUTION NO. 2000 -16
Introduced by: Mayor Stevens
Requested by: Mayor Stevens
Drafted by: Borough Clerk
Introduced: 04/20/200
Failed: 04/20/20
A RESOLUTION OF THE ASSEMBLY OF THE KODIAK ISLAND BORO i GH
URGING THE GOVERNOR AND STATE LEGISLATURE TO ESTA: ISH
A MUNICIPAL DIVIDEND PAYMENT PROGRAM
WHEREAS, municipal governments have partnered with state offici s to find a solution
to steadily increasing local property taxes due to continuing st e cuts to municipal
revenue sharing; and
WHEREAS, a Municipal Dividend Payment Program funde• through the undistributed
earnings of the Alaska Permanent Fund is a first step tow d a long -range financial plan
for Alaska; and
WHEREAS, a Municipal Dividend Payment Progr does not impact the currently
calculated amount of the Permanent Fund Divid= d over the next twenty years and
provides local support in the amount of $ 125 per apita that would otherwise be required
from local taxes; and
WHEREAS, a Municipal Dividend Paym. t Program would direct state officials to
allocate specific funds to police, educat'.n, fire, EMS, roads, and health facilities; and
WHEREAS, a Municipal Dividend P. ment Program is a long -term solution to stabilize
funding for municipal revenue shari ' g and municipal capital matching grants and will have
a major impact on stabilizing loc. taxes;
NOW, THEREFORE, BE IT SOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND
BOROUGH that the Kodi ' Island Borough Assembly urges the Governor and State
Legislature to establish . unicipal Dividend Payment Program as a solution to stabilize
funding for municipal r: enue sharing, municipal capital matching grants, and local taxes.
BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
THIS DAY OF , 2000
KODIAK ISLAND BOROUGH
Gary L. Stevens, Borough Mayor
Resolution No. 2000 -16
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