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Resolution 86-14-10 RESOLUTION NO.~b-/~~P IN SUPPORT OF LOCAL OPTION ADDITION TO CHAPTER 152 MOTOR VEHICLE TAXATION LAWS WHEREAS, citizen expectations for services are continually increasing; and, WHEREAS, Federal and State financial assistance levels to Cities have plummeted or been withdrawn; and, WHEREAS, in 1985, the State collected $880 million from Chapter 152 Motor Vehicle Sales and Use Tax; ranking as the fifth largest revenue source in Texas; and, WHEREAS, the collection, enforcement allocation administration would not existing scope of operations; and, procedures, and be onerous within BE IT THEREFORE RESOLVED, by the City Council of the City of Wylie, Texas, that the City of Wylie, Texas goes on record as supporting the addition of a subsection (c) Local option maximum of one percent (1%) of the total consideration in Chapter 152 Taxes on Sale, Rental and Use of Motor Vehicles, Subchapter B, Sections 152.021 and 152.022; and BE IT FURTHER RESOLVED that the City of Wylie, Texas, supports the amendment of Subchapter G, Section 152.122 to include subparagraph (4) 1/5 to be credited to City Allocations Division of the State Comptroller of Public Accounts for monthly distribution to the originating city in coordination with current distribution of local option Limited Sales and Use tax allocations; and, BE IT FURTHER RESOLVED that copies of this Resolution shall be sent to members of the Texas Legislature and Legislative Committees for the Texas Municipal League and Texas Governmental Finance Officer's Association urging them to support the provisions granting local option financing alternatives as proposed. PASSED AND APPROVED THIS THE /flA,t DAY OF tl!!tt~19 86. ATTEST: Pro Tern ....Ufi- .~