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HomeMy WebLinkAboutRes. 19-081Resolution to Support Legislation and State Administration Efforts that Grants Municipalities Greater Insight of Sales Tax Revenue Whereas, the City of Brookings desires to provide exceptional services, programs an(@ -- infrastructure to its residents and visitors; and Whereas, Brookings strives to operate effectively and efficiently in a businesslike manner while ensuring the values and needs of the community are met; and Whereas, sales tax accounts for 41 % of all General Fund Revenue and majority of all Capital Funding; and Whereas, additional insight of sales tax revenue would benefit revenue projections an budgeting to provide essential services; and i Whereas, our quality of life, public safety, parks, and economic development benefit from our sales tax; and Whereas, sales tax dramatically fluctuates from month to month; and Whereas, special legislation and State Administrative efforts can provide greater transparency of individual business sales tax receipts to allow cities more insight for developing accurate revenue forecasting. Now, Therefore, Be It Resolved, that the City Council requests support from local legislators and partners in legislative and administrative opportunities that will provide greater transparency into individual business sales tax receipts. Dated at Brookings, SD, this 24 th day of September, 2019. Keith W. Corbett, Mayor ATTEST: C�l ster, Acting City Clerk