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File Number: 14-078 <br />TO: City Council <br />FROM: Chris Zapata <br />City Manager <br />City of San Leandro <br />Meeting Date: March 17, 2014 <br />BY: City Council <br />FINANCE REVIEW: Not Applicable <br />Resolution - Council <br />Agenda Section: CONSENT CALENDAR <br />Agenda Number: <br />TITLE: RESOLUTION Supporting Efforts to Reform Proposition 13 (supports efforts <br />to seek voter authorization for changes to the property tax limitations imposed <br />by Proposition 13 approved by voters in 1978) <br />WHEREAS, Proposition 13, passed in 1978, creates disparities by allowing commercial <br />property owners to avoid paying their fair share of property taxes, thereby shifting the tax <br />burden to residential property, including everyday homeowners and working families; and <br />WHEREAS, the state of California continues to face ongoing budgetary challenges. <br />Further compounding these challenges is the fact that Proposition 13 has forced the State to <br />rely heavily upon more volatile revenue sources than the property tax, including income taxes <br />and sales taxes that more directly impact working families. These taxes move in tandem with <br />economic cycles, causing deficits and requiring cuts to vital services that grow our economy, <br />thereby worsening economic downturns; and <br />WHEREAS, regularly reassessing non-residential property would, according to an <br />analysis of data provided by the California Board of Equalization, generate at least $6 billion in <br />additional revenue for California, and shift the tax burden from homeowners, renters, and <br />working families to corporations and commercial landholders. <br />THEREFORE, BE IT RESOLVED that the San Leandro City Council] supports <br />commercial property tax reform that will require non-residential, large-scale commercial <br />properties to be reassessed regularly while maintaining Proposition 13 protections for <br />residential property and small business owners; and <br />THEREFORE, BE IT FURTHER RESOLVED that the San Leandro City Council will <br />communicate this position to local elected officials. <br />City of San Leandro Page 1 Printed on 3/11/2014 <br />