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1982-89 In Support Of The Fiscal Year 1983 Municipal Assistance Supplemental Appropriation.ATTEST: n Borough C1 k "` KODIAK ISLAND BOROUGH RESOLUTION NO. 82 -89 -R A RESOLUTION OF THE KODIAK ISLAND BOROUGH ASSEMBLY IN SUPPORT OF THE 'ISCAL YEAR 1983 MUNICIPAL ASSISTANCE SUPPLEMENTAL APPROPRIATION. WHEREAS, the continuation of adequate levels of state financial aid is ssential for Alaskan local governments to continue to provide important, needed services to their citizens while holding down local taxes; and WHEREAS, Municipal Assistance revenues are a sharing of corporate i income tax revenues by the state with local governments; and WHEREAS, Alaskan local governments were assured that they would suffer o financial harm when during the 1981 legislative session SB524 was approved hich changed the method of taxation of the petroleum industry by transferring uch of the corporate income taxes previously paid by that industry to severence J taxes; and WHEREAS, the FY1983 Municipal Assistance appropriation of $71.3 million 'represents a $25.1 million shortfall from the $96.4 million minimum funding ; Revel had not SB524 been approved. FURTHER, Whereas the Section 89 State Revenue Sharing entitlement pro- I vides state aid to local governments for categorical services such as road ;'maintenance and health facilities and hospitals; and NOW, THEREFORE, BE IT RESOLVED, by the Kodiak Island Borough Assembly, that this body supports Governor - Elect Sheffield in the early passable of Ithe fiscal year 1983 Municipal Assistance Supplemental Appropriation. PASSED AND APPROVED this 2nd day of December Kodiak Island Borough Assembly. By , 1982, by the KODIAK ISLAND BORO GH gh Ma or