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HomeMy WebLinkAbout4882 RESOLUTION NO. 4 8 8 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AUBURN, WASHINGTON, REQUESTING CONGRESS TO STOP FEDERAL BUDGET SEQUESTRATION FROM GOING INTO EFFECT WHEREAS, as elected officials of local govemment, the members of the City Council of Auburn, Washington, understand and appreciate that there are signifioant responsibilities involved in managing a large governmental budget; and WHEREAS, in recognition of the magnitude of the federal govemmenYs current budget challenges and the need for fiscal responsibility, the City Council further recognizes and appreciates that tough choices must be made to bring the budget into balance and to achieve deficit reduction; and WHEREAS, the issues currently facing congress call for consensus and cooperation among both sides of the aisle and with the administration to avoid the significant impacts and the detrimental results sequestration would have on ou� national economy and economic recovery, our national security and the citizens of this great country NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF AUBURN, HEREBY RESOLVES as follows: Section 1. That the Auburn, Washington, City Council rriakes the following request: • That the U.S. Congress and the PresidenYs Administration stop budget sequestration from going into effect as it is a bad policy that will do more harm than good. Resolution No.4882 November 14, 2012 Page 1 of 2 • That any deficit reduction plan should balance spending cuts with revenue enhancements • That spending cuts should not come from domestic discretionary programs alone and all options should be considered. • That the interest exemption on municipal bonds should be maintained as it is not a loophole but a necessary mechanism for funding municipal improvements. Section 2. IT IS FURTHER RESOLVED that a copy of this Resolution shall be forvvarded by the City Clerk to the members of the Washington State Congressional Delegation and to the White House. Section 3. That this Resolution shall take effect and be in full force upon passage and signatures hereon. Dated and Signed this /9�day of o�-� , 2012. CI O URN � PET R B. WIS MAYOR ATTEST �� ��1� Danielle E. Daskam, City Clerk APP V AS TO FORM: aniel B. Heid, City Attorney Resolution No 4882 November 14, 2012 Page 2 of 2