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FY2015-18 Adopting an Alternative Allocation Method for the FY15 Shared Fisheries Business Tax Program I Introduced by: Manager Cassidy 2 Requested by: Finance Director 3 Drafted by: Finance Director Introduced on: 02/19/2015 4 Adopted on: 02/19/2015 5 6 KODIAK ISLAND BOROUGH 7 RESOLUTION NO. FY2015-18 8 9 A RESOLUTION OF THE KODIAK ISLAND BOROUGH ASSEMBLY 10 ADOPTING AN ALTERNATIVE ALLOCATION METHOD FOR THE 11 FY15 SHARED FISHERIES BUSINESS TAX PROGRAM AND 12 CERTIFYING THAT THIS ALLOCATION METHOD FAIRLY 13 REPRESENTS THE DISTRIBUTION OF SIGNIFICANT EFFECTS OF 14 FISHERIES BUSINESS ACTIVITY IN FMA 13: KODIAK ISLAND 15 16 WHEREAS, AS 29.60.450 requires that for a municipality to participate in the FY15 17 Shared Fisheries Business Tax Program, the municipality must demonstrate to the 18 Department of Commerce, Community, and Economic Development that the 19 municipality suffered significant effects during calendar year 2013 from fisheries 20 business activities; and 21 22 WHEREAS, 3 AAC 134.060 provides for the allocation of available program funding 23 to eligible municipalities located within fisheries management areas specified by the 24 Department of Commerce, Community, and Economic Development; and 25 WHEREAS, 3 AAC 134.070 provides for the use, at the discretion of the Department 26 of Commerce, Community, and Economic Development, of alternative allocation 27 methods which may be used within fisheries management areas if all eligible 28 municipalities within the area agree�to use the method, and the method incorporates 29 some measure of the relative significant effect of fisheries business activity on the 30 respective municipalities in the area; and 31 WHEREAS, the Kodiak Island Borough proposes to use an alternative allocation method 32 for allocation of FY15 funding available within the FMA 13: KODIAK ISLAND in agreement 33 with all other municipalities in this area participating in the FY15 Shared Fisheries 34 Business Tax Program. 35 NOW, THEREFORE, BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK 36 ISLAND BOROUGH that by this resolution certifies that the following alternative allocation 37 method fairly represents the distribution of significant effects during 2013 of fisheries 38 business activity in FMA 13: KODIAK ISLAND 39 All municipalities share equally 50% of allocation; all municipalities share remaining 50% 40 on a per capita basis. Kodiak Island Borough, Alaska Resolution . F 1 -1 Page 1 of 41 The Kodiak Island Borough population is reduced by the population of the Cities of 42 Akhiok, Kodiak, Larsen Bay, Old Harbor, Ouzinkie, and Port Lions 43 ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH 44 THIS NINETEENTH DAY OF FEBRUARY, 2015 45 46 KODIAK ISLAND BOROUGH 47 ,. 49 50 ATTEST: Jerrol Friend,18orough Mayor 51 53 54 Nova M. Javier, MMC, ;rough Clerk Kodiak Island Borough, I sal ti a. Y 1 - Page 2 of 2