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HomeMy WebLinkAbout1979-10-22 395 AG ORDER395 AG Introduced by Coumilor Wxernan, October 22, 1979 _ CITY OF BANGOR (TITLE.) QLb2rr _--study of FoseibIn Additiomt, Tag. Sources WHEREAS, a majority of City r e derived from the taxation of real estate located in the City of Bangor; and r MBEAS, the burden of property taxes on local real estate owners has reached a point where increased taxes will create an intolerable burden; and WHEMAS, municipal services will have to be substantially reduced unless additional revenue sources can be developed; and WHEREAS, there are numerous nonresidents working in the City of Bangor, thus deriving many of the benefits of local government chile paying taxes only to adjacent communities; and WHEREAS, the ownershipof property does oat necessarily reflect a personas ability to pay taxes, thus creating an inequity as to the burden for providing for the costa of local government; and WReBPAS, the adoption of additional tax sources would beat distribute the financial burden of local government to all persons enjoying the benefits, NW, THEREFOEE, By the City Council of the City of Bangor: ORCEBEO, THAT the Legislative add Finance Committees of the City Council jointly, meet with members of the staff to develop proposals for enabling legislation to be submitted at the next Session of the Legislature for the purpose of authorizing .Milne. real es atfes._at [hei'k_>ptfurt to adapt vewlr sources eb. izlteVa_CFi e°. burden of the real esteR tax; and be it further W ykpi, TMT the Committees report their findings and recommendations to the entire City Council no later than November 12, 1979. 395 AG -. in City Council O tobez 22,1979 PAssed - O R D E R Title, Study of PCasable Additional Tax Sources ............................. ... Clerk Introduced and filed by .. Councilman