CITY OF HOMER

HOMER, ALASKA

                                                                                                            Wythe/Manager

RESOLUTION 05-33(A)

 

 

A RESOLUTION OF THE HOMER CITY COUNCIL SUPPORTING THE CONTINUATION OF THE SENIOR CITIZEN AND DISABLED VETERAN’S TAX EXEMPTION AND URGING THE ALASKA LEGISLATURE TO PROVIDE FULL REIMBURSEMENT TO MUNICIPALITIES AS PROVIDED BY LAW.

 

WHEREAS, A major part of the Alaska Municipal League legislative platform is to find a solution to the Senior Property Tax / Disabled Veteran Tax Exemption problem, and

 

WHEREAS, The Homer City Council discussed this exemption at its regular meeting on March 14, 2005 and adopted Memorandum 05-48 (A) which directed the City Manager to prepare a resolution supporting the continuation of the exemption and requesting that the legislature provide full reimbursement as provided by law, and

 

WHEREAS, AS 29.45.030 (e) states “ The real property owned and occupied as the primary residence and permanent place of abode by a resident 65 years of age or older; disabled veteran; or resident at least 60 years old who is the widow or widower of a person who qualified for an exemption…is exempt from taxation on the first $150,000 of the assessed value of the real property, and

 

WHEREAS, AS 29.45.030(g) states “ The state shall reimburse a borough or city, as appropriate, for the real property tax revenues lost to it by the operation of (e) of this section, and

 

WHEREAS, The Legislature has not funded reimbursements to municipalities for this exemption for many years, and

 

WHEREAS, The failure to fully fund reimbursements is an unfunded mandate which makes it increasingly difficult for municipalities to provide basic public services, and

 

WHEREAS, Providing reimbursement for this exemption could help replace Revenue Sharing and Municipal Assistance.

 

 

Page Two

Resolution 05-33(A)

City of Homer

 

NOW THEREFORE BE IT RESOLVED, That the Homer City Council hereby expresses its support for the [Tax Exemption and request that the Alaska State Legislature fully fund reimbursement to the municipalities.] Senior Citizen and Disabled Veteran’s Tax Exemption as it presently exists, and

 

BE IT FURTHER RESOLVED, That the Council urges the Alaska Legislature to fully fund reimbursement to municipalities as provided by law.

 

PASSED AND ADOPTED by the Homer City Council this 29th day of March, 2005.

                                                        

 

                                                                         CITY OF HOMER

 

 

 

                                                            JAMES C. HORNADAY, MAYOR

 

 

ATTEST:

 

 

 

MARY L. CALHOUN,CMC, CITY CLERK

 

Fiscal Note: Revenue