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HomeMy WebLinkAboutRESO 6512.. ORIGINAL RESOLUTION No. 6512 A RESOLUTION (f' THE COUNCIL CF THE CllY CF PALO AL TO SUPPORTING PROPOSITION 147: GUARANTEEING THE VEHICLE LICENSE FE~ AS A LOCAL GOVERNMENT REVENUE RESOURCE WHEREAS, the Vehicle License Fee has been a major source of general fund revenues for local government si11Ce 1935; and WHEREAS, the Calffornfa State Legislature gave itself the authori~ cllring the period of 1978 to 1984 to wf thhol d funds frOl'I the VLF to balance its OWi budget; and WHEREAS, during fiscal year 1981-82, state gover1111tent kept $270 mf11ton of these tradf tional ly local 110vernment revenues for fts ot11n use; and WHEREAS, during ffscal _year 1!Mt2-83. state goverraent appropriated $318.1 million to balance fts otim budget; and WHEREAS, during fiscal year 1983-84, state goverrwent kept $374.3 mf11fon for fts own use, for a total loss to local goverrment of $727.8 •1111on; and WHEREAS, during each of those years, the Leg1sl ature ws .. able to determine how RtUCh of these tradf tfonal ly local goverment revenues ft •ul d need to balance f ts 01111 budget mlt11 after the ff seal year began; and WHEREAS, such delays fn dtteraf ning how much revenues ul tf11ately would be available to local gove"9tent threw the local goverrwent budget planning process f nto df sarray; and WHEREAS, the cftfzens of C11f forn1a's c1tfes and counties are best served wht!n goverraent is f1B1ded through reliable, secure and very predictable revenues; now, therefore be 1t RESOLVED, that the Council of the City of Palo Alto does hereby support Pr~~sf tfori #47, tilhfch will constitutfonally guarantee the Vehicle Ucertse Fee as ~ loc~·, goveriwent rev(!nue source. INTRODUCED AND PASSED: April 28, 1986 MES: Bechtel, Cobb~ Fletcher, Levy, Pat1tueciD Renzel, Sutorius, Woolley NOES: None ABSTENTIONS: None ABSENT K 1 ei n ,, ,., .· A~cq.-,. ~rk ~IS 'ltH01111r ~J-~r 'City ttomey ' - APF.ROYfD: