1990-45 Placing the Question of the Adoption of a Sales Tax on the October 2 Regular Election Ballot.By: Mary Monroe and
Tom Merriman
Introduced: 08/21/90
Public Hearing: 08/21/90
Adopted: 08/21/90
KODIAK ISLAND BOROUGH
RESOLUTION NO. 90-45
A RESOLUTION PLACING THE QUESTION OF THE ADOPTION
OF A SALES TAX ON THE OCTOBER 2 REGULAR ELECTION BALLOT
WHEREAS, the Kodiak Island Borough Assembly has become
increasingly concerned about the borough tax system which is built
entirely on the assessment of real and personal property tax; and
WHEREAS, the decline of state revenue dictates that
revenues collected from local taxation must increase; and
WHEREAS, the Assembly desires to implement tax measures
which will generate the additional revenue needed to finance
education in a way that spreads the tax burden across the entire
populace instead of just on the property owners; and
WHEREAS, Alaska Statute 29.45.050 provides that a borough
may levy and collect a sales tax not exceeding six percent on
sales, rents, and on services provided in the borough;
NOW, THEREFORE, BE IT RESOLVED by the Kodiak Island
Borough Assembly that the following proposition shall be submitted
to the qualified voters of the Kodiak Island Borough at the
October 2, 1990, Regular Election:
It is the intent of the Kodiak Island Borough Assembly and
Mayor that the Kodiak Island Borough adopt sales tax powers as
follows:
The sales tax amount shall be one percent (1%) borough
wide. Within the city limits of any city within the
borough the tax will be in addition to any sales tax
imposed by that city. This sales tax should generate
approximately $1,000,000 0£ revenue.
Resolution No. 90-45
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The Kodiak Island Borough Assembly is empowered to enact
such ordinances as necessary to implement and administer
the collection of the tax, with the restriction that the
tax amount may not be increased without further voter
approval.
Due to state funding cuts and inflation, the Kodiak
Island Borough School District's budget was about
$900,000 short for FY 90-91 which was covered with a one-
time use of fund balance funds. Funds generated from a
1% sales tax will be appropriated for school operation in
addition to the 5.26 mills of property tax levy
appropriated for the previous year. This will result in
approximately a level funding for the school district for
future years.
Shall the Kodiak Island Borough adopt sales tax powers
and levy a sales tax equal to one percent (1%) of sales,
rents and on services provided in the borough to be used
for the operation of the Kodiak Island Borough School
District?
PASSED AND APPROVED THIS 21st DAY OF AUGUST, 1990.
ATTEST:
IBoro Clerk
KODIAK ISLAND BOROUGH
Brfkough Mayor
x)esiding Officer
Resolution No. 90-45
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