HomeMy WebLinkAboutResolutions - 1983.11.17 - 11723Miscellaneous Resolution 83320 November 17, 1983
BY: GENERAL GOVERNMENT COMMITTEE-John E. Olsen, Chairperson
RE: SUPPORT OF PACKAGE OF BILLS LEGALIZING DELAYS IN STATE
REVENUE SHARING PAYMENTS UNDER CERTAIN CONDITIONS AND
REQUIRING PAYMENT OF INTEREST ON ANY DELAYED PAYMENTS
TO THE OAKLAND COUNTY BOARD OF COMMISSIONERS
Mr. Chairperson, Ladies and Gentlemen:
WHEREAS, in order to meet emergency fiscal obligations during recessionary
periods in Michigan, governors on several occasions have had to delay paying local
governments their shares of state tax revenues without specific statutory authority; and
WHEREAS, this withholding of revenue sharing reached a peak of severity
during the 1982-83 fiscal year when the state held back $400 million in revenue
s haring payments to local units of government; and
WHEREAS, these delays in revenue sharing have forced local governments to make
eleventh hour changes in their spending to adjust both for the delayed revenue sharing
p ayments and also for the loss of projected interest income on these expected payments; and
WHEREAS, a package of bills (House Bills 4570, 4572 and 4627) has been
introduced to remedy the existing problem by amending the Revenue Sharing Act to
statutorily authorize the governor to delay revenue sharing payments under certain
c ircurnstances and to provide that interest owed by the state on the delayed payments
would accrue from the date the payments were due; and
WHEREAS, interest payable to the local governmental units would equc'
average rate earned by the state's common cash fund for the quarter preceding the delay; and
;,,--IEREAS, this package of bills has passed the House and is awaiting action
in the Senate.
NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Cor ners
g oes on record as supporting House Bills 4570, 4572 and 4627.
BE IT FURTHER RESOLVED that copies of this resolution be sent to the four State
Senators from Oakland County and to the county's legislative agent.
Mr. Chairperson, I move the adoption of the foregoing resolution.
GENERAL GOVERNMENT COMMITTEE
'Nancy KC'Conn6T1 -, Vie Chairerson
8332 0 17, 1983
Moved by McConnell supported by Gosling the resolution be adopted.
AYES: Foley, Fortino, Gosling, Hobart, Jackson, R. Kuhn, S. Kuhn, Lanni. Law,
McConnell, Moffitt, Moore, Nelson, Page, Perinoff, Price, Wilcox, Aaron, Calandro,
Doyon. (20)
NAYS: None. (0)
A sufficient majority having voted therefor, the resolution was adopted.
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I, Lynn D. Allen, Clerk of the County of Oakland and having a seal,
do hereby certify that I have compared the annexed copy of
Miscellaneous Resolution -#83320 adopted by theQakland County Board of Commisstoners.
at their meeting held on November 17. 1983
with the orginial record thereof now remaining in my office, and
that it is a true and correct transcript therefrom, and of the
whole thereof,
In Testimony Whereof, I have hereunto set my hand and affixed the
seal of said County at Pontiac, Michigan
this 17th day of