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HomeMy WebLinkAbout97-38 - Supporting Senate Bill 421, Newport-Mesa Unified School District Released FundsRESOLUTION NO. - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA, CALIFORNIA, SUPPORTING SENATE BILL 421. WHEREAS, during the Orange County fiscal crisis of 1994-95 and 1995-96, the Newport -Mesa Unified School District was a basic aid district which would have received property taxes in excess of their revenue limits, except that certain of these funds were held in county accounts and not available to the districts; and WHEREAS, these funds have now been released but the district is no longer eligible for basic aid; and WHEREAS, as it currently stands, any property taxes received this year by the district would offset state aid; and WHEREAS, Senate Bill 421, an urgency measure, would allow the Newport - Mesa Unified School District to disregard the recently released funds in the calculation of district revenue limits for the current fiscal year (1996-97), and instead treat these funds as having been received during the 1994-95 and 1995-96 fiscal years; and WHEREAS, without this bill, the Newport -Mesa Unified School District would lose $1.65 million of 1996-97 state aid due to the release of a like amount of past year property taxes; and WHEREAS, it would be unfair for the state to offset state aid with these funds because the district would have been able to keep the funding had it been properly allocated during 1994-95 and 1995-96; and WHEREAS, to offset the funds this year would penalize the district, who, through no fault of its own, was already harmed by the Orange County fiscal crisis; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Costa Mesa supports Senate Bill 421. PASSED AND ADOPTED this 5th day of Ma ATTEST: Deputy City lerk of the City of Costa Mesa STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF COSTA MESA ) Mayor of the City of AP FR, OVED AS TO FORM CITY ATTORNEY I, MARY T. ELLIOTT, Deputy City Clerk and ex -officio Clerk of the City Council of the City of Costa Mesa, hereby certify that the above and foregoing Resolution No. was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on the 5th day of May, 1997. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the City of Costa Mesa this 6th day of May, 1997. -77 Deputy Cit Clerk and ex -officio Clerk of the City Co ncil of the City of Costa Mesa