Agenda - 01-05-1987 - Laserfiche WebLink

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1987 LEGISLATIVE GOALS PROPOSALS -- PRIORITY (As adopted by the Board of Directors - 1211 0186) TAXATION AND FINANCE •o • LOCAL REVENUE SOURCES Seek legislation to authorize a menu of revenue sources which-will ': allow local governments to enact the revenue producing options suited to the unique circumstances and needs of their citizens, such as taxes on land transfers, hotel, and motel accommodations, personal income, or employer payroll or through the extension of sales and use taxes to services. Such a menu will give localities the flexibility needed to provide services to their diverse populations. In authorizing options, it is important that: 1) the proceeds coae. to local governments; 2) the distribution of these revenues recognize not only need, but local effort and innovation; and 3) the purposes of the, revenue continue to remain flexible so that they meet the actual needs and priorities of the enacting local governments MORE FLEXIBLE BORROWING Seek legislation to give local governments the option of borrowing up. to one-half of. one percent of their assessed property valuation without a vote of the people, in addition, to the authority local governments now have to borrow up to two-thirds of the amount. by which indebtedness was reduced during the previous fiscal- year. - AUTOMOBILE PROPERTY TAXES Seek legislation to enable governmental units to recover revenues lost as a result of unpaid property taxes on motor vehicles. EDUCATION CLARIFICATION OF. FUNDING RESPONSIBILITIES Seek legislation clearly defining_the_ -respective responsibilities of the state and county governments for financing public elementary and secondary education. In general, this clarification should provide for the state to finance instructional expenses and other required expenditures for current operations from state revenue sources and counties to provide for facility needs. The property tax should not be used as an equalizer in this effort.