1988-58 Requesting State Action to Guarantee the Full Award of Fisheries Business Tax Revenue's Due to Municipalities.ATTEST:
By:
Introduced:
Adopted:
KODIAK ISLAND BOROUGH
RESOLUTION NO. 88 -58 -R
Mayor Selby
9/15/88
9/15/88
A RESOLUTION OF THE KODIAK ISLAND BOROUGH ASSEMBLY
REQUESTING STATE ACTION TO GUARANTEE THE FULL AWARD
OF FISHERIES BUSINESS TAX REVENUES DUE TO MUNICIPALITIES
WHEREAS, AS 43.75.130 provides that the state share State
Fisheries Business Tax revenues with municipalities; and
WHEREAS, the state collects this tax each calendar year, January 1
through December 31, and processors are required to pay the tax by March
31; and
WHEREAS, the state legislature annually appropriates the amount of
funds to share with municipalities, but this amount, such as occurred in FY
88, has often been less than the total amount due the municipalities; and
WHEREAS, the state legislature has often had to appropriate
additional monies the following fiscal year to provide municipalities their full
share of tax revenues; and
WHEREAS, this practice results in the state using a minimum of 18
months to award municipalities their full share of tax revenues and this action
has caused financial hardships for many municipalities;
NOW, THEREFORE, BE IT RESOLVED that the Kodiak Island
Borough Assembly requests the state adopt legislation, regulations, and
policies which will ensure the appropriation of the full share of State
Fisheries Business Tax revenues due municipalities by August 1 of each year.
PASSED AND APPROVED THIS 15th DAY OF SEPTEMBER, 1988.
Borotta f
Resolution No. 88 -58 -R
Kodiak Island Borough
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