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HomeMy WebLinkAboutResolution - 91-28 - Support Hennepin County Efforts for Fiscal Disparity Program - 01/22/1991 • CITY OF EDEN PRAIRIE HENNEPIN COUNTY, MINNESOTA RESOLUTION NO. 91-28 A RESOLUTION SUPPORTING INITIATIVES TO REFORM THE FISCAL DISPARITIES PROGRAM WHEREAS, the Metropolitan Tax-Base Sharing law, commonly known as the "Fiscal Disparities" program, has been in effect for nearly 20 years; and WHEREAS, this law was a pioneering initiative to share commercial- industrial property tax bases within the Twin Cities Metropolitan Area; and WHEREAS, this program was founded upon theoretical principles with hopes that the tax base equalizing effects would be bearable to the local government taxing jurisdictions; and WHEREAS, with twenty years of experience, it is becoming clear that there are disproportionate benefits and burdens under the Fiscal Disparities program, and this pattern of distribution and contribution will only accelerate; and WHEREAS, the burdens of this program are unfair as, for example, Hennepin • County exports over six percent of its tax base and the City of Eden Prairie loses 19 percent of its tax base to the fiscal disparities pool(! ); and WHEREAS, it is becoming readily apparent that the Metropolitan Tax Base Sharing law needs to be reevaluated and reformed in order to equalize the metropolitan property tax base more fairly, NOW, THEREFORE, BE IT RESOLVED that the City Council state its support for efforts to reform the Fiscal Disparities program, and BE IT FURTHER RESOLVED that the City Council in particular supports initiatives proposed by Hennepin County, and views them as starting points in the discussion to reform this law. ADOPTED by the Eden Prairie City Counci his 2 nd day of January 1991. t. /I,&,&,, Dowgias Tenpas, Mayor ATTEST: • t- rb rane, City Clerk