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HomeMy WebLinkAbout1993 077 CC RESO1993 077 CC RESO(Ìì´ô RESOLUTION NO. 93-77 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BALDWIN PARK SUPPORTING A REDISTRIBUTION OF UNALLOCATED OR POOL SALES TAX ON A PER CAPITA FORMULA WHEREAS, the State of California Board of Equalization currently collects and distributes sales taxes to eligible jurisdictions within the State; and WHEREAS, the Board of Equalization has established an unallocated pool for sales taxes generated primarily by contractors, certain manufacturers and private party used car sales; and WHEREAS, the current formula under law and utilized by the State Board of Equalization to distribute these pooled funds is based upon the percentage a jurisdiction generates in point of sale revenues within a county; and WHEREAS, this formula is. inequitable because it does not bear any relationship to the actual sources and locations where the unallocated or pooled tax is generated. NOW, THEREFORE, BE IT RESOLVED, by the General Assembly of the League of California Cities assembled in annual conference in San Francisco, October 19, 1993 that the League sponsor, support and endorse legislation to revise the Board of Equalization's practice of distributing unallocated pooled sales tax revenues so as to distribute such funds on the basis of population rather than upon any jurisdictions percentage of sales tax based upon point of sale. ATTEST: CITY CLERK STATE OF CALIFORNIA COUNTY OF LOS ANGELES) ss. CITY OF BALDWIN PARK I, LINDA L. GAIR, City Clerk of the City of Baldwin Park, do hereby certify that the foregoing resolution was duly and regularly approved and adopted by the City Council on July 7, 1993 by the following vote: AYES COUNCILMEN MAYOR VARGAS, MCNEILL, GALLEGOS, MARTINEZ NOES COUNCILMEN NONE ABSENT: COUNCILMEN NONE. ABSTAIN: COUNCILMEN NONE BIB] 37650-U01 1993-U02 077-U02 CC-U02 RESO-U02 LI3-U03 FO1126-U03 FO1127-U03 DO1678-U03 C6-U03 RESO-U03 10/10/2001-U04 ADMIN-U04 RESO-U05 93-77-U05 JUL-U05 7-U05 1993-U05