Loading...
HomeMy WebLinkAboutResolution No. 165-05 a 3 p t _ .e... .;� 'ate '• w-., ,,. RESOLUTION • WHEREAS, the State Local Gov ernment Aid (LGA) program has provided state fund to address tax base and property tax inequities in Minnesota; and ing WHEREAS, the amount of City of Rochester LGA that is used to su o the City operating budget has declined from $11.7 million in 2003 to $6.3 million for 2005pand WHEREAS, the City of Rochester LGA is estimated to further decline to $5.3 million in 2006 if there are no changes in the LGA program; and WHEREAS, there is a growing property tax disparity among Minnesota communities that has occurred since 2003; and WHEREAS, the One Minnesota Act HF 2059 and SF 1914 would address the decline in LGA for the City of Rochester and the property tax disparities statewide; and WHEREAS, the City of Rochester LGA is estimated to increase by $2.0 million above the 2005 level under HF 2059 and SF 1914; and WHEREAS, this increase would slow the decline in LGA for the City of Rochester and would help address the large reduction that occurred in Rochester LGA; and WHEREAS, HF 2059 and SF 1914 would be of significant benefit to the operating eidget of the City, and to the taxpayers and citizens of Rochester. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of Rochester that the City expresses it support for the passage of HF 2059 and SF 1914 to provide more fair and equitable funding for the State LGA program. PASSED AND ADOPTED BY THE COMMON COUNCIL OF THE CITY OF ROCHESTER, MINNESOTA, THIS /kJJ DAY 005. PRESIDENT OF SAID COMMON COUNCIL ATTEST: z- ITY CLERK APPROVED THIS DAY OF _ V , 2005. MAYOR OF SAID CITY (Seal of the City of k • Rochester;'Minnesota) Res05/ResS upport.LGA1 3t