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POLICY POLICY POLICY POLICY POLICY POUCY POLICY POLICY <br /> Meeting Date: 4/13/94 <br /> Agenda Item: P 4 <br /> CITY OF FALCON HEIGHTS <br /> REQUEST FOR COUNCIL CONSIDERATION <br /> ITEM DESCRIPTION: Resolution supporting City Unity Day on April 21, 1994 sponsored by <br /> the League of Minnesota Cities <br /> SUBMITTED BY: League of Minnesota Cities <br /> REVIEWED BY: Susan Hoyt, City Administrator <br /> EXPLANATION /SUMMARY: <br /> The League of Minnesota Cities is asking cities to pass as resolution declaring April 21, 1994 as <br /> City Unity Day throughout the state. The resolution requests the legislature to restore the shortfall <br /> in the local government trust fund, which funds the cities' local government aid (LGA) and <br /> homestead and agricultural credit aid (HACA), through the state general fund surplus. The shortfall <br /> in the local government trust fund shortfall is due, in part, to lower than anticipated sales tax <br /> revenues. LGA and HACA are part of the city's general fund revenue. The anticipated shortfall for <br /> Falcon Heights is $11,000 for 1994 or approximately 1% of the city's operating budget. <br /> The resolution also supports a variety of other LMC initiatives on behalf of cities. <br /> ATTACHMENTS: <br /> A Proposed LMC resolution <br /> B Additional information on City Unity Day <br /> ACTION REQUESTED: <br /> Discuss the resolution <br /> Revise and adopt as desired <br /> P:O IC IR >:::E €RR ii BEiiii i <br /> P. �C.' ';P��CY. C�ICY ICY::.::::: P'O:L�C...:..:............ <br />