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RESOLUTION NO. 4572
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF ARCADIA, CALIFORNIA, STRONGLY
URGING THE LOS ANGELES COUNTY BOARD OF
SUPERVISORS TO REDUCE THE RATES OF TAXES
OVER WHICH IT HAS CONTROL
WHEREAS, a major portion of real and personal property
within Los Angeles County has been reassessed for the fiscal year
1976-1977 by the Los Angeles County Assessor's office; and
WHEREAS, it has been determined that said reassessment
has resulted in an average increase of approximately 14% in said
assessment rollover the 1975-1976 basis; and
WHEREAS, said reassessment will provide to the various
districts within the Los Angeles County and to the County of Los
Angeles General Fund many millions of dollars of additional tax
revenue; and
WHEREAS, without a reduction in such tax rates the tax
bills of property owners in the County will increase enormously;
and
WHEREAS, the City and Unified School District of Arcadia
will be reducing their property tax rates to the maximum extent
possible; and
WHEREAS, it appears that the County of Los Angeles Board
of Supervisors will this month set tax rates for the various Los
Angeles County Taxing Districts and will also set the tax rate for
the General Fund of the County of Los Angeles; and
WHEREAS, it now appears that the County of Los Angeles has
the immediate ability and the financial opportunity to pass on to
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the taxpayers within the municipalities of Los Angeles County at
least a portion of the financial benefits derived from the
increased assessments,
NOW, THEREFORE, the Los Angeles County Board of Supervisors
is hereby requested and strongly urged to effect an immediate
and substantial reduction in the tax rate of all Los Angeles
County Taxing Districts and of the General Fund of the County of
Los Angeles.
BE IT FURTHER RESOLVED that a copy of this resolution be
forwarded to the Los Angeles County Board of Supervisors.
The City Clerk shall certify to the adoption of this
resolution.
I HEREBY CERTIFY that the foregoing resolution was adopted
at a regular meeting of the City Council of the City of Arcadia
held on the 17th day of August ,197i::R by the affirmative
vote of at least three Councilmen, to wit:
AYES:
Councilmen Gilb, Margett, Parry and Lauber
NOES:
None
ABSENT:
Councilman
S~~~~
C~ty Clerk of the C~ty of Arcad~a
SIGNED AND APPROVED this 17th day of
August
, 1976.
~ ?;;i.i~(-
yor of the Ci ly of Arca ~a
City Clerk
(SEAL)
~~
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