2001-24 Supporting House Bill 207)
KODIAK ISLAND BOROUGH
RESOLUTION NO. 2001 -24
Introduced by: Manager Jensen
Requested by: Assembly
Drafted by: Borough Clerk
Introduced: 04/05/2001
Adopted: 04/05/2001
A RESOLUTION OF THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
SUPPORTING HOUSE BILL 20 TO ESTABLISH A
MUNICIPAL DIVIDEND PROGRAM
WHEREAS, full state funding for essential municipal services is going unmet due to
severely reduced state municipal assistance and revenue sharing allocations; and
WHEREAS, increases in local property taxes are not always the answer to declining
allocations, especially in many communities where there is an insufficient tax base to
draw upon; and
WHEREAS, HB 20 would establish a Municipal Dividend program to provide Alaskan
municipalities with a predictable and reliable source of income with which to address
basic community needs; and
WHEREAS, HB 20 would repeal the current municipal assistance and revenue sharing
programs allowing the general fund to be cut approximately $50 million; and
WHEREAS, HB 20 would fund defined municipal basic services from the surplus
earnings of the Permanent Fund at a rate of $150 per municipal resident, only after
inflation - proofing and only after payment of individual dividends;
WHEREAS, this plan would provide approximately $88 million to municipalities in the
next fiscal year;
NOW, THEREFORE, BE IT RESOLVED BY THE ASSEMBLY OF THE KODIAK ISLAND
BOROUGH that the Kodiak Island Borough supports House Bill 20 to establish a
Municipal Dividend Program.
ADOPTED BY THE ASSEMBLY OF THE KODIAK ISLAND BOROUGH
THIS FIFTH DAY OF APRIL, 2001
ATTEST;
VA f .P
udith A. Nielsen, , cMc, Borough Clerk
Kodiak Island Borough, Alaska
KODI,�A, ISLAND BDROUGH
Gabrielle LeDoux, Borough Mayor
Resolution No. 2001 -24
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