HomeMy WebLinkAboutResolutions - 1971.07.01 - 16097July I, 1971
REPORT
RE: MISCELLANEOUS RESOLUTION 5659
PROPOSED CHANGE IN THE STATE OF MICHIGAN INCOME TAX REVENUE
SHARING FORMULA
BY: LEGISLATIVE COMMITTEE - Mr. Pernick
TO: THE OAKLAND COUNTY BOARD OF COMMISSIONERS
MR. CHAIRMAN, LADIES & GENTLEMEN:
The Legislative Committee, by Mr. Lawrence Pernick, Chair-
man, reports Resolution 5659 with the recommendation that the
resolution be opposed.
"Resolution No. 5659
Re: Proposed Change in the State of Michigan Income Tax Revenue
Formula
To the Oakland County Board of Commissioners
Mr. Chairman, Ladies & Gentlemen:
WHEREAS, the Governor of the State of Michigan has proposed
a change in the State Income Tax Revenue sharing formula to the
so-called "Self Help Formula", and
WHEREAS, such formula is weighted in favor of governmental
units levying the greatest amount of property taxes, local income
taxes and special assessments; and
WHEREAS, such formulas encourage local governments to
increase the local tax burden in order to retain or improve their
share of the State revenue; and
WHEREAS, such formula would reward excessive local spend-
ing and waste and would penalize efficiency and local tax reduction
efforts; and
WHEREAS, such formula would increase the inequities that
exist in local taxation;
NOW THEREFORE BE IT RESOLVED that the Oakland County Board
of Commissioners opposes the Governor's proposed Revenue Sharing
Formula; and
BE IT FURTHER RESOLVED that the Oakland County Board of
Commissioners recommends that the State of Michigan adopt a revenue
sharing formula weighted in favor of
having the lowest assessed value per
BE IT FURTHER RESOLVED that
Commissioners recommends that a mini
those units of local government
capita; and
the Oakland County Board of
um of 50% of State Revenue so
distributed, in excess of present levels, be earmarked for reduction
of property taxes."
Respectfully submitted,
LEGISLATIVE COMMITTEE
iawrence R. Pernick, Chairinan t
akat that Resolution #5659
Michigan Income Tax Revenue
Moved by Pernick supported by Bar
in re: Proposed Change in the State of
Sharing Formula, be opposed.
Discussion followed.
Mr. Brennan voted
A sufficient majority having voted therefor, the motion carried,