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R-6285 .. --.-"- ......--~ .e e RESOLUTION NO. 6285 (City Council SerIes) A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA :IOKICA 1='1 SUPPORT OF A.B. 1597 (CREATING A SPECIAL FUND FOR LOCAL SCHOOLS A~D GOVER~IENTAL SERVICES FINAKCED BY A SEVERANCE TAX ON OIL) WHEREAS, the passage of Proposition 13 has seriously limited the ability of local governMents -- schools, cItIes and counties -- to raIse sufficient revenues to support basIc and essentIal services; WHEREAS, the State of California no longer has the revenue to provide local govern~ents with adequate fundIng to maintain these services; and WBEREAS, the citizens of local governments need and demand the maintenance of basic city, county and school ser- vices such as public safety and education; and WBEREAS, CalifornIa IS the only major oil producing state without a severance tax on 011; and WHEREAS, the experIence of those states with oil severance taxes has demonstrated that the tax is not passed on to consumers; and WHEREAS, the revenues generated by the severance tax on oil would be used to establish a special Fund for Schools and Services Khich WIll augment the tax base for local govern- ments in CalIfornia; and, therefore, be It RESOLVED, that the CIty of Santa Honica go on record in support of AB 1597 WhICh would enact a 6% severance tax on oil produced in CalifornIa and create a special Fund for Schools and SerVIces which WIll dIstribute revenues dIrectly to local governments. APPROVED AS TO FOID1: ~~.~ CITY ATTOl{)rEY - .-- ~.........-"" .e e ADOPTED AND APPROVED THIS 16th DAY OF June , 1981. ask z; ~A.yOR I HEREBY CERTIFY THAT THE FOREGOInG RESOLUTlmL IJO. 6285 , HAS DULY ADOPTED BY THE CITY COUfJCIL OF THE CITY OF SANTA r10UICA AT A REGULA~ r1EETHJG THEREOF HE~ ON June 16th, 1981 BY THE FOLLO\!ING COUNCIL YOTE: AYES: COUNC I U1Ei'iBERS : Conn, Ed~ards, Press, Zane and Mayor Yannatta Goldway ~JOES : CQUf\lC I U1Er1BE~S : None ABSENT: cau NC I l!lB1BE RS : J enn ing s, Re ed ABSTArr~: COUT\JCI U~E~mERS: None ATTEST: . ~ 7h_:~ . CITY CLERK "