HomeMy WebLinkAboutCC-04-26-10-01 Support School Finance Referendum - $12M As AmendedRESOLUTION CC- 04- 26 -10 -01
AS AMENDED
COUNCILORS: Sharp, Griffiths
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF CARMEL, INDIANA,
IN SUPPORT OF THE CARMEL -CLAY SCHOOLS FINANCE REFERENDUM
WHEREAS, the Common Council of the City of Carmel (the "Council has the authority to
adopt resolutions for the control of the City of Carmel (the "City") finances and other legislative
matters (IC 36- 4- 6 -18); and
WHEREAS, two years ago, the State of Indiana changed the way it provides funds to
schools, relying only on sales and income taxes. However, sales and income taxes are not a stable
source of revenue even in the best of economic times, and during the current recession, this
unstable source of revenue has become ever more unreliable; and
WHEREAS, Carmel -Clay Schools "CCS has historically been fiscally responsible: CCS
has the lowest school tax rate in Hamilton County; CCS cut $1.5 million from the General Fund in
2009; and CCS is prepar ed to implement an additional $3 million cut for 2010. Despite these
actions, the projected deficit for CCS is $12 million; and
WHEREAS, a referendum (the "School Referendum will be presented on the May 4, 2010,
ballot that will allow CCS to increase the tax levy rate to $0.16 for the years 2011 through 2017. This
would result in a $17.00 per month increase for the median home value within the school district, and
replace the funds that the State will no longer provide; and
WHEREAS, it would be catastrophic to CCS to allow the projected deficits to be made real by
the change in the State's allocation of money; and,
WHEREAS, together with the Clay Township Board, the Clay Township Trustee and Carmel
Clay School Board, the Council wishes to express its support for the School Referendum.
NOW, THEREFORE, BE IT RESOLVED, that Resolution CC 04 26 10 01 is hereby
approved. The Common Council of the City of Carmel supports the increase of the school tax levy
rate so as to provide appropriate funding for the Carmel Clay Schools.
G ia_t_a
PASSED by the Common Council of the City of Carmel, Indiana, this 016 d
l ay of
2010 by a vote of L i ayes and O nays.
Page One of Two Pages
Prepared by Thomas D. Perkins, Assistant City Attorney. Amended Version A, April 26 -10.
RAE BassWly Documents\ Resolution ,-CCCl20101CC -04- 26-10 -01 School Referendum :doc 4!2712010 9:32 AM]
Presiding Of er
A e r
Richard L. Sharp, Pres' 'ent Pro Tempore
V C17 PR ES t
John V. Accetturo
07 PREsEnir
Ronald E. Carter
ATTEST:
Diana L. Cordray, IAMC, Cler
Presented by me to the Ma or of the City of Carmel, Indiana, this o: 1 day of
2010, at 9 37 O'clock, M. 4
Approved by me, the Mayor of the City of Carmel, Indiana, this yda of 1170e/L 7a7 at S O'clock, M.
ATTEST:
reasurer
Diana L. Cordray, IAMC, Clerk -Tr- urer
Resolution CC- 04- 26- 1.0 -01
Page Two of Two Pages
COMMON COUNCIL FOR THE CITY OF CA
i rl d ippr i e
[Z:1E BassWy Documents1 Resolutions- CCC'20101CC- 04- 26 -10 -01 School Referendum.doc:4/21 /20101:14 PM[
vin Rider
W. Eric Seidensticker
IV O7 PiESeA7
Luci Snyder
COUNCILORS: Sharp, Griffiths
Diana L. Cordray, IAMC, Clerk -Trey S er
Janes Brainard, Mayor