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‘ I <br />-u t. j J <br />Draft 01/22/91 <br />1191 <br />uExajmvi Rijcis <br />umi or oovBiMMr simb <br />UBOB Fdjcy/aairaRS sums LEAGUE POLICY AMI POLICY <br />0 Indicates Priority <br />1. <br />(Ocono loat all in 1990. <br />My i||iar«ntly "celoae* <br />f3,000 for 1991.) <br />State facing $200 sdllioi <br />shortfall for 1989-91 <br />biennieuB. Possibly $1.2 <br />billion for 1991--93 <br />st^tantial resoval of <br />USA/HACA for cities. <br />Governor proposing revanf* <br />of systea. <br />2. laonl Oneerrint Aids tasnd fcrnula i <br />"nseds" finded are <br />driven by put <br />e^puditures <br />the <br />not <br />(See above) <br />1. iBvy Llalts El ini nabs as Ttuth in <br />Tuatlon now in place. <br />At least Cor oousnities <br />that receive no LGA or <br />HAO. <br />City still 8»i)ject to Levy <br />Lialts Mhich are si^ipose to <br />be eiiainated in 1993 out <br />there is no penalty for <br />exceeding them. <br />4, ItiiMi in Itaetlon Hake notices nore realistic <br />to property tas payers u <br />bo actual dollar <br />RS-l (A) ^ , <br />*LGA should reinain an essential <br />oaqponent of property tax <br />system <br />«tGA should reflect need <br />•Earmark a % of State receipts <br />for local property tax relief <br />•Property tax relief increase <br />at least at inflation rate <br />•Relief to c/I, rental, hlvalue <br />not jeopardize TIP <br />Sections lA-ID kddress <br />several changes, <br />(See above)I-C Continue OMmitment <br />to local governnent <br />increasing funding <si <br />fair/equitable beeia* <br />tiegislature ei^lore <br />creative means to <br />address unique local <br />problems* <br />RS*3 Eliminate levy limits lA Allow levy limits to <br />eiqpire payable 1993 as <br />current legislstion seta <br />forth. <br />RS-4 (B) <br />•With Ttuth In TBxaticn <br />eliminate levy limits <br />•Paroal specific notices should <br />be required as quickly as <br />possible <br />•Allow ammding levy <br />•Apply cxi to levy not entire budget <br />•Eliminate newipepec ids if <br />property specific notioea sent <br />•Fully fund ooets by state <br />•Wotioa should soourstely reflect <br />(iianges