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HomeMy WebLinkAboutCC Res 1628 1968-02-05 I I I . .. . ,. RESOLUTION NUMBER I b ~ J' A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SEAL BEACH, CALIFORNIA, A CHARTER CITY, SUPPORT- ING THE FORMULA RECOMMENDED BY THE LEAGUE OF CALIFORNIA CITIES I REVENUE AND TAXATION COMMITTEE ON THE DISTRIBUTION OF CITIES' SHARE OF THE CIGARETTE TAX. WHEREAS, The distribution of a portion of the state cigarette tax to cities and counties is determined by the taxable sales formula based on the Bradley-Burns Local Sales and Use Tax Act; and WHEREAS, Such distribution and allocation of funds produces dis- parities of funds between cities ranging from $2,600 per capita to a low of no revenue; and WHEREAS, The present allocation of funds has resulted in a dissatisfaction on the part of many cities and has not distributed funds in an equitable manner which would enable cities to meet their financial needs in p'royiding services to the citizens of their respective communities and the State: NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF SEAL BEACH, CALIF., A CHARTER CITY, DOES RESOLVE AS FOLLOWS: . Section l: To support the formula for distribution of the three- cent per package cigarette allocation of the state tax to cities and counties as proposed by the League of California Cities' Committee on Revenue and Taxation whereby said city funds would be allocated on the basis of one-half population and one-half taxable sales, PASSED, APPROVED, AND ADOPTED by the City Council of the City of Seal Beach at a meeting thereof held on the 5th day of February, 1968, by the following vote: AYES: councilmen~~.4.~ftb""~/~ ,f/z'__._.h..... -:ti-:j#A.... ) Ad..;:. NOES: Councilmen ":?'7: ABSENT: Councilmen ATTEST: ~ ~/I 47 ~ ~...bl. City l:erk