HomeMy WebLinkAboutC.054.93010_0689Request for the Approval of a Resolution Requesting the Governor of North
Carolina to Restore Full Funding of State Reimbursements of Repealed Taxes to
Local Governments: OTIO by Commissioner Johnson to approve the following
resolution.
VOTING: Ayes — 5; Nays — 0.
RESOLUTION REQUESTING THE GOVERNOR OF NORTH CAROLINA TO
RESTORE FULL FUNDING OF STATE REIMBURSEMENTS OF REPEALED
TAXES TO LOCAL GOVERNMENTS
WHEREAS, local governments have been receiving reimbursements from the
State to replace local revenues lost in the late eighties when the General Assembly
repealed certain local property taxes; and
WHEREAS, local governments have been highly committed to being fiscally
responsible; and
WHEREAS, local governments provide essential services which the citizens of
North Carolina depend upon; and
WHEREAS, local governments preparing their fiscal year 2001-2002 budgets last
year were promised funds consisting of Inventory Tax Reimbursements, Local Beer and
Wine Tax Reimbursements, and Elderly/Disabled Homestead Exemption
Reimbursements in order to provide essential services; and
WHEREAS, the loss of these reimbursements during the fiscal year 2001-2002,
after local governments have adopted budgets and set tax rates, will have a significant
impact on the operations of local governments and the ability to provide essential
services; and
WHEREAS, the loss of these reimbursements in future years will be detrimental
to state mandated fund balance amounts and the ongoing operations of state mandated
programs, including current expense and capital expense needs of the local boards of
education; and
WHEREAS, recent legislation signed by Governor Easley committed the State of
North Carolina to funds for distribution to North Carolina cities and counties for
replacement of the repealed Inventory Tax Reimbursements and other reimbursements.
NOW, THEREFORE, BE IT RESOLVED, by the Iredell County Board of
Commissioners that:
I. The Governor of North Carolina is requested to restore full funding of the
Inventory Tax Reimbursements, Local Beer & Wine Tax Reimbursements,
and the Elderly Homestead Exemptions for fiscal year 2001-2002.
2. The Governor of North Carolina is requested to continue support for full
funding of all State reimbursements of revenues lost when the General
Assembly repealed certain local property taxes.
3. The Clerk to the Board is instructed to forward this resolution to the
Governor, the North Carolina General Assembly, the North Carolina
Association of County Commissioners, the North Carolina League of
Municipalities, the North Carolina Department of Public Instruction, and the
remaining 99 counties for their consideration and adoption.