HomeMy WebLinkAboutResolution No. 3561 RESOLUTION NO. 3561
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DOWNEY
ADVOCATING A POSITION FOR THE CITIES OF CALIFORNIA FOR
THE ALLOCATION OF THE PROPERTY TAX AS LIMITED UNDER
PROPOSITION 13
WHEREAS, the passage of Proposition 13 places a constitutional
-- limitation of 1% of market value based upon a 1975 -76 assessed
valuation; and
WHEREAS, the said Proposition 13 requires this 1% to be allocated
among the various taxing jurisdictions according to law; and
WHEREAS, said allocation has a vital effect upon the City's
financial stability and determines the fairness of taxation to support
County services.
NOW, THEREFORE, be it resolved that the City Council of the City
of Downey does hereby go on record as supporting an allocation formula
based upon the City's Charter tax limitations or utilizing the actual
tax as levied by the City under the Charter for fiscal year 1977 -78.
The City Clerk shall certify to the adoption of this Resolution.
APPROVED AND ADOPTED this 13th day of June , 1978.
& .
WILLIAM L. GREENE, Mayor
ATTEST:
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City Clerk
I HEREBY CERTIFY that the foregoing Resolution was duly adopted
at a regular meeting of the City Council of the City of Downey thereof
held on the 13th day of June , 1978, by the following
vote, to wit:
AYES: 5 Council Members : Jackman, Miller, Mackaig, Swearingen, Greene
NOES: 0 Council Members : None
ABSENT: 0 Council Members:
City Clerk