Loading...
84-O A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA, OPPOSING THE UNITARY TAX WHICH HAS BEEN IMPOSED ON CORPORATIONS BY THE STATE OF FLORIDA AND CALLING FOR A REPEAL AND REPLACEMENT OF THAT UNITARY TAX AND URGING CONSIDERATION OF THE UPCOMING RECOMMENDATIONS OF THE GOVERNORS SPECIAL COMMITTEE TO STUDY AND PRESENT ALTERNATIVES TO THE UNITARY TAX. WHEREAS, the City Council of the City of Boynton Beach, Florida, is aware that recent amendments to Florida's Unitary Tax both expand the definition of a unitary business and expand the taxable base of a business designated as a unitary business by requiring inclusion of income from foreign sources; and WHEREAS, the City Council of the City of Boynton Beach is aware that the unitary tax, and those amendments in par- ticular, impose an inequitable burden on some Florida businesses and WHEREAS, the City Council of the City of Boynton Beach, Palm Beach County, and the State of Florida may experience hardship as a direct result of the unitary tax because industrial development efforts to broaden the tax base will be set back; an~ WHEREAS, the City Council of the City of Boynton Beach, recognizes that the privilege of this unitary tax was to raise revenue for educational purposes, a purpose that the City Counci supports; and WHEREAS, the City Council of the City of Boynton Beach, is deeply concerned by the realization that decisions by cor- porations to settle in other states result in a loss of jobs bot] in the sphere of direct employment and in the sphere of secondar~ services and products provided to those businesses and their employees; and WHEREAS, the City Council of the City of Boynton Beach, Florida wishes to express its opposition to this Florida unitary tax, with its subsequent amendments, and to request its repeal and replacement. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF BOYNTON BEACH, FLORIDA, AS FOLLOWS: RESOLUTION NO. 84-O Section 1. That the City Council of the City of Boynton Beach, Florida, after careful consideration hereby for- mally declares its opposition to the State of Florida unitary tax system and urges that the Governor and the State Legislature give consideration to the upcoming recommendations to the Governor's Special Committee to study unitary tax and alternatiw sources of revenue. Section 2. That the Florida Legislature moves swiftly to bring about appropriate replacement or alternative solutions for educational funding which was the purpose of the unitary tax amendment. Section 3. That copies of this resolution be forwarded to The Governor, Palm Beach County Legislative Delegation, Board of County Commissioners of Palm Beach County and all municipali- ties in Palm Beach County. PASSED .AND ADOPTED this ~ day ~~Ld 1984. CITY OF BOYNTON BEACH, FLORIDA City C~rk (Corporate Seal) Co~nci 1~ Member ~6un ~MemSe / C~uncil Mem-qSFr