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.'.I ;' ^ <br />tcW <br />V-* <' '? i ■•n. <br />U'» ' <br />>0!¥, <br />h, 3 ' <br />h <br />‘IsW‘ <br />M' '3f> <br />;,5'r <br />■1..w <br />.;? <br />I'I-■>■; « <br />Mi. <br />Si- <br />r?i.;: <br />f^’v:hf:' <br />f’v <br />'S'. <br />1W'M <br />■X I <br />f ■ f <br />.v'l, .'■■ <br />-''i* <br />(V'-Lm^- <br />%i’ <br />k'‘ <br />i <br />N.t; <br />P^- <br />COUNTY RESOLUTION TO REPEAL 1/2 PERCENT "OPTIONAL'' SALES TAX <br />WHEREAS, the 1992 tax bill as passed by the state legislature <br />contained a provision for the establishment of a Local Government <br />Trust Fund, and <br />WHEREAS, it was the understanding of county governments at <br />the time of passage, that the additional one-half percent was added to <br />the State's sales tax to establish such a trust fund, and <br />WHEREAS, it was further understood that approximately two <br />cents of the sales tax and one-half cents collected would be dedicated <br />to this Local Government Trust Fund, and <br />WHEREAS, the establishment of such a trust fund would help to <br />keep property taxes low by providing a guaranteed flow of sale tax <br />income to county and township governments, and <br />WHEREAS, the Governor has eliminated county and township <br />Homestead and Agricultural Credit Aid from the distribution of Trust <br />Fund revenues through the use of his line item veto authority, and <br />WHEREAS, The legislature failed on its first attempt to <br />override the Governor's veto, so <br />THEREFORE, BE IT RESOLVED, that the- - - - - - -County Board <br />of Commissioners does hereby give notice that it is the intent of the <br />County Board of Commissioners to rescind the <br />''optional'' 1/2 percent sales tax that was just passed by this same <br />board in 1991, if the Governor and Legislature fail to restore the <br />I’^st Homestead and Agricultural Credit and Disparity Reduction Aid <br />that resulted from the Governor's veto. <br />•'li- <br />I-