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0684 RESOLUTION NO, 684 (#10 - 2012) A RESOLUTION IN SUPPORT OF STATUTORY AMENDMENTS TO AUTHORIZE IMPROVEMENTS IN INFORMATION PROVIDED TO LOCAL GOVERNMENTS BY THE STATE OF ARKANSAS RELATED TO COLLECTION OF LOCAL SALES AND USE TAXES; AND FOR OTHER PURPOSES. WHEREAS,the Arkansas Department of Finance and Administration (DF&A)collects sales taxes levied by cities and counties in Arkansas under the same tax administration system that is used to collect State sales taxes and, as such, local taxes are "piggy backed" along with the collection of State sales taxes; WHEREAS, the State withholds an administrative fee of Three Percent (3%) from local tax collections to fund the cost of such service which totaled approximately Thirty Million Dollars ($30,000,000.00) in 2011; WHEREAS, all taxing entities are entitled to have information about the collections produced by the taxes levied in order to monitor, evaluate, budget, and project the tax collections to which they are entitled to receive. And, unfortunately, existing Arkansas law does not authorize or require DF&A to provide local governments information that is useful and satisfactory to monitor, evaluate, budget, and project local tax collections; and, WHEREAS, laws in neighboring states authorize and require the release of information satisfactory to serve the needs of local governments mentioned above,which includes tax collections identified by specific taxpayer. Further,said laws provide that the experience in those states demonstrate that related procedures and reports can be efficiently administered, produced, and that similar laws should be adopted and administered in Arkansas. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF JACKSONVILLE, ARKANSAS, THAT: SECTION ONE: The City Council of Jacksonville, Arkansas supports amendment to Arkansas laws to authorize and require information to be provided to designated representatives of local governments that will permit them to fully and successfully monitor, evaluate, budget, and project local tax collections. RESOLUTION NO. 684(#10-12) Page Two SECTION TWO: Information that can be identified with a specific taxpayer shall only be released following an agreement to keep such information confidential, and that such specific taxpayer information shall be exempt from release under the freedom of information laws of Arkansas. SECTION THREE: Information will: (1) be made available for the monthly collections and calendar year to date, by regular mail, email or by dedicated online account at the option of local governments (in electronic worksheet or PDF format), not later than Thirty (30) days following the most recent monthly tax distribution; (2) include details and totals that will agree or reconcile to the related tax collections distributed by the State Treasurer to a local government for a particular month; and, (3) be updated as required by subsequent adjustments due to refunds, rebates, additional tax payments and any other matter affecting the tax collected for a particular period. SECTION FOUR: Any and all other Resolutions in conflict herewith are hereby repealed to the extent of said conflict. This Resolution shall be in effect from and after its date of passage. APPROVED AND ADOPTED THIS 20th DAY OF SEPTEMBER, 2012. t & / .-- , ', 011P , ALi411.11& r= e „ ,YO• •RY - C ER --„, , /7 ANTES , , APPROVED AS TO FO) : / lbw-, , 'c -<'-'----) .. i \ I-4 (7)/// i AlliNhih._ , - -......„, klik.k. SUSAN I , C CLERK ROBE'T E. BAMB, RG, C ATTOR Y