Resolution No. 11-15 CITY OF TIGARD, OREGON
TIGARD CITY COUNCIL
RESOLUTION NO. 11- 1,5-
A
sA RESOLUTION OF THE TIGARD CITY COUNCIL SUPPORTING SJR 26 OF THE STATE
LEGISLATIVE ASSEMBLY TO CREATE A RESERVE FUND TO PROVIDE FUNDING IN
RESPONSE TO ECONOMIC DECLINE.
WHEREAS,the Tigard City Council adopted 2011 Council Goals on December 30,2010;and
WHEREAS, City Council Goal #6 is to "Work with partners on long-range solutions to statewide structural
problems" and the Council has a five-year goal to "Continue supporting the Legislature in addressing the
financial needs of Oregon State and local governments";
WHEREAS, SJR 26 redirects the corporate kicker and half of the personal kicker to an Emergency Reserve
Fund until such time as the Fund reaches 14 percent of the General Fund;and
WHEREAS, SJR 26 would provide a more stable reserve fund for the State of Oregon to provide funding for
state services to all citizens of Oregon during periods of economic decline.
WHEREAS, the Legislature could only access the Emergency Reserve Fund during documented economic
declines and by a three-fifths vote
NOW,THEREFORE,BE IT RESOLVED by the Tigard City Council that:
SECTION 1: SJR 26 as amended is in support of the City Council Goal #6 to "Work with partners on
long-range solutions to statewide structural problems" and the Council has a five-year goal to
"Continue supporting the Legislature in addressing the financial needs of Oregon State and
local governments";
SECTION 2: The Tigard City Council hereby expresses its support for SJR 26 as amended and encourages
its passage by the Legislative Assembly.
SECTION 3: This resolution is effective immediately upon passage.
PASSED: This day of 2011.
A or-City of Tigard
ATTEST:
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City-Recorder-City of Tigard
RESOLUTION NO. 11 -I5'
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