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Resolution 12758CITY OF ALAMEDA RESOLUTION NO. 12758 SUPPORTING SENATE BILL 1977 (SALES TAX REDISTRIBUTION) WHEREAS, State Senator Richard Mountjoy, Senatorial District 29, is carrying Senate Bill 1977, which will shift 196. of the sales tax rate from the state to cities and, in effect, double the amount of non-restricted sales tax revenues currently received by each city; and WHEREAS, Senate Bill 1977 is intended to replace local revenue shifted by the state to the Education Revenue Augmentation Fund in the past several years, alleviate pressures on cities to compete with one another for sales tax dollars, foster a more equitable distribution of tax revenue, and shift tax revenues closer to taxpayers so they can participate in how tax dollars are being spent; and WHEREAS, Senate Bill 1977 will have a positive effect on the local economy and will restore accountability and integrity back to the city-state relationship. WHEREAS, the Revenue and Tax Committee of the League of California Cities met on March 29, 1996 and voted to recommend to the League Board of Directors support of SE 1977 with the following recommended changes: to allocate the extra 196 based on a per capita basis; 2. to include counties as recipients; and 3. to phase in the impact of the bill over two years. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Alameda hereby supports Senate Bill 1977 which addresses the concept of sales tax redistribution with the recommended changes. BE IT FURTHER RESOLVED that the City Clerk is hereby directed to forward a Certified Copy of this Resolution to Senator Richard Mountjoy, Senator Nicholas Petris and the League of California Cities. I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda in regular meeting assembled on the 16th day of April , 1996, by the following vote to wit: AYES: NOES: ABSENT: Councilmembers Arnerich, DeWitt, Lucas, Mannix and President Appezzato - 5. None. None. ABSENTENTIONS: None. IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said City this 17th day of April , 1996. Dia B. Felsch, City Clerk City of Alameda