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HomeMy WebLinkAbout1985-24 Supporting the Continuance of Reveue SharingRESOLUTION N0.' 24 Series of 1985 A RESOLUTION SUPPORTING THE CONTINUANCE OF REVENUE SHARING WHEREAS, the Congress of the United States ,is considering the elimination of the Revenue Sharing Program in October of 1986; and WHEREAS, local governments have borne much of the brunt of budget cuts from the federal level during the past four years; and WHEREAS, revenue sharing is by far the most important federal program available to Colorado municipalities because of its flexibility, allowing municipalities to finance a variety of local programs with little federal administrative overhead or interference at a time when funding for state and federal programs continues to decline; and WHEREAS, the financial impact of removing this source of revenue would be multiplied many times over by the phenomenal increases in liability insurance and other items beyond the control of local governments; and WHEREAS, the elimination of revenue sharing only accomplishes transfer of the tax burden from the federal level to the local level. NOW, THEREFORE, be it resolved by the Town Council of the Town of Vail as follows: Town Council strongly supports the continuation of the revenue sharing program beyond 1986 because of its importance to the Town of Uail in supporting a variety of local programs with little federal administrative overhead or interference at a time when funding for state and federal programs continues to decline. Dated this 15th day of October 1985, Paul R. J n on, Mayo r ATTEST: Pamela A. Brandmeyer, own Clerk