Loading...
RES 1993-08TOWN OF TROPHY CLUB, TEXAS RESOLUTION NO. R 93-08 A RESOLUTION OF THE TOWN COUNCIL OF THE TOWN OF TROPHY CLUB, TEXAS RELATING TO CHANGES PROPOSED BY THE TEXAS LEGISLATURE IN THE FUNDING OF PUBLIC SCHOOLS, AS FOLLOWS: (1) OPPOSING THE PASSAGE OF PROPOSITION 1 (THE EQUALIZATION AMENDMENT), AND (2) SUPPORTING PROPOSITIONS 2 (THE FUNDING OF FUTURE STATE MANDATES AMENDMENT) AND 3 (THE FACILITIES FINANCING AMENDMENT) ; PROVIDING AN EFFECTIVE DATE. WHEREAS, the Texas Supreme Court has heretofore ruled that the State's system of funding public schools is unconstitutional and has charged the Texas Legislature with the task of developing a new, equitable school funding system on or before June 1, 1993; and WHEREAS, in response to the Court's ruling, the 73rd Texas Legislature has approved three proposed amendments to the Texas Constitution to equalize school funding, to fund future State mandates, and to help finance school facilities; and WHEREAS, Proposition 1, the Equalization Amendment, would if adopted allow the State to collect funds from property -wealthy school districts and redistribute those funds to property -poor school districts; and WHEREAS, Proposition 2, the Funding of Future State Mandates Amendment, would if adopted prohibit the State from requiring school districts to comply with a State mandate that would cost local school districts money unless the mandate is funded appropriately by the State, thus bringing the State a step closer to adequately funding Texas' public education system and easing the burden place on local property taxpayers to pay for State -mandated programs; and WHEREAS, Proposition 3, the Facilities Financing Amendment, would if adopted allow the State to issue up to $750 million in State general obligation or revenue bonds to assist school districts in financing school facilities, providing needed relief to growing school districts and addressing the courts' concern that the State provide for school facilities needs. NOW, THEREFORE, BE IT RESOLVED BY THE TOWN COUNCIL OF THE TOWN OF TROPHY CLUB, TEXAS: Section 1. The Town Council of the Town of Trophy Club, Texas opposes passage of Proposition 1 because of the uncertainty of its effect on local tax rates and the potential loss of tax revenues in the future. -1- Section 2. The Town Council supports the passage of Propositions 2 and 3 as a first step toward finally solving Texas' current school funding crisis and ensuring that the State adequately fund Texas public schools in the future. Section 3. The Mayor shall forward an executed copy of this Resolution to appropriate members of the Texas Legislature and other persons and officials as the Mayor shall deem proper. PASSED AND APPROVED by the Town Council of the Town of Trophy Club, Texas this the2C)f-h day of . April 1 1993. ATTEST: Town Secreary, A Town of Trophy Club, Texas [SEAL] APPRO' \&U AS TO 'i'own Attorney, Town &f Trophy Club, Texas -2- or—. Town )af Trophy Club, Texas ay5