CC Min 1998-06-08 - Laserfiche WebLink

Browse Search

said with these proposed amendments and the addition of stronger than expected revenues, "We are expecting that to grow somewhere between $1 million and $2 million." Director Ponty said the fund balance for the fiscal year ending June 30, 1998 will be around $10 million. MIS: CLAIREIRUSKIN. TITLE READ. FIRST READING. ORDINANCE APPROPRIATING SPECIFIED AMOUNTS FROM DESIGNATED UNAPPROPRIATED FUND BALANCES TO SPECIFIED APPROPRIATIONS, CANCELING CERTAIN APPROPRIATIONS, AND TRANSFERRING SPECIFIED AMOUNTS FROM DESIGNATED APPROPRIATIONS TO OTHER SPECIFIED APPROPRIATIONS; ADOPTED BY UNANIMOUS ROLL CALL VOTE, FIRST READING. MINUTE ORDER 98-150 ----______n_______n______-----__--___n______-______nn_------------------------------------------------------------------- C. Status report on the Governor's proposal to repeal Vehicle License Fees, a steady and significant source of revenue to all California cities; (210) REPORT: Assistant to the City Manager Moore, June 8, 1998 Assistant Moore presented the staff report and asked Council to join with other cities in the State opposing this measure. Mayor Howard thanked Ms. Moore for the informative and timely Report, and said this proposal would have a significant impact on Redwood City if adopted. Council Member Ira, member of the Council Legislative Committee, along with Council Member Leipzig, said the Committee's decision not to meet regarding this issue was based on the fact that the Committee "felt we were really getting into an issue where it was really a partisan issue, and that's exactly what it is." He said it was going to be a partisan issue at the state level, and "it is not an issue of how it would really affect the cities, but we are getting into an issue of how funds are allocated to cities and lots of other things.... I felt... it was a difficult issue to address from that particular perspective. Certainly the Governor's proposal has a reduction and we are talking about a philosophical thing here." He quoted from an article in the San Jose Mercury News which discussed "why the two parties don't agree as to what the benefits of that reduction in the tax would be, rather than really discussing the whole way that they allocate money. When the issue first came to me it came through Assemblyman Lempert's office, and he wanted to know if I knew someone in the Governor's office that we could contact to discuss this." Council Member Ira said the Assembly was getting very close to returning ERAF(Education Revenue Augmentation Funds) monies back to the cities. He said that once the issue ofVLF was raised the ERAF plan was abandoned immediately. He said, "Really it is a stopgap measure. They are happy now that we are not going to lose these monies, they don't even worry about how to address the ERAF money right now. There is a lot larger issue here, REGULAR COUNCIL MEETING MINUTE BOOK NO. 56 JUNE 8, 1998 MINUTES Page No. 536 PAGE 11