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HomeMy WebLinkAboutR-05-15 RESOLUTION NO. R-05-15 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, SUPPORTING AMENDMENTS TO THE FLORIDA CONSTITUTION REQUIRING THE PERIODIC REVIEW AND APPROVAL OF ALL SALES TAX EXEMPTIONS AND EXCLUSIONS IN THE STATE OF FLORIDA; PROVIDING FOR CONFLICTS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, Florida's tax structure is very dependent on sales tax revenues, which amount to approximately $18.3 billion annually; and WHEREAS, Florida now exempts more revenue than it collects, providing sales tax exemptions for over 400 products and services, amounting to an annual loss of $22.7 billion in tax revenue, and these exemptions are poorly categorized with broad disparities; and WHEREAS, Florida's tax exemptions have not been revised or reformed significantly since 1949; and WHEREAS, Florida's municipalities rely on sales tax revenues to provide for the health, safety, and welfare of it's citizens, and the proportionate share in this revenue source for each municipality is a stable reliable resource; and WHEREAS, the inequities in Florida's sales tax cause the state and municipalities to be more dependent on other revenue sources, such as property tax; and WHEREAS, a group called Floridians Against Inequities and Rates (FAIR) is pursuing three constitutional amendments to the 2006 ballot that, if approved, would sunset all current sales tax exemptions in July, 2008, unless the Legislature votes to renew the exemption; and WHEREAS, the constitutional amendment would protect sales tax exemptions for food, prescription drugs; health services, residential rent, electricity and heating fuel, for the greatest of public interest. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA: SECTION 1. That the City of Sebastian supports the FAIR amendment and urges its citizens to sign petitions supporting its placement on the November ballot. SECTION 2. That the City of Sebastian urges voters to support this initiative on the November, 2006 ballot. SECTION 3. EFFECTIVE DATE. This resolution shall take effect immediately upon its passage. The foregoing Resolution was moved for adoption by Councilmember Burkeen . The motion was seconded by Councilmember Monier and, upon being put to a vote, the vote was as follows: Mayor Nathan B. McCollum aye Vice Mayor Brian S. Burkeen aye Councilmember Andrea B. Coy aye Councilmember Lisanne Monier aye Councilmember Sal Neglia aye The Mayor thereupon declared this Resolution duly passed and adopted this ZxllKday of &..~l:il, 2005. 11th day of May, 2005. CITY OF SEBASTIAN, FLORIDA ~~ ~ 4". .~ ~ By. C Z ~d Nai~ . Mc ollum, Mayor ATTEST: (SEAL) Approved as to Form and Legality for Reliance by the City of Sebastian Only: (~ 5~' Rich Stringer - City orney 2