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HomeMy WebLinkAboutRES CC 2013 3243 2013 1204 RESOLUTION NO. 2013-3243 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, SUPPORTING THE CALIFORNIA STATE BOARD OF EQUALIZATION AND THE FRANCHISE TAX BOARD EFFORTS IN PRESENTING THE 2014 FREE INCOME TAX PREPARATION AND FAMILY SERVICES INITIATIVE WHEREAS, insufficient income contributes to many of the social and human service needs in our state; and WHEREAS, the Federal Earned Income Tax Credit (EITC) provides tax relief and income support to low-income working families; and WHEREAS, the EITC lifts millions of individuals out of poverty each year in the United States by supporting work and self-sufficiency while reducing the need for public assistance; and WHEREAS, each year, the EITC helps approximately 3.1 million individuals in California and brings more than $6.96 billion into California's economy; and WHEREAS, every year 800,000 families who qualify for EITC fail to apply for the credit representing a loss of $1 .2 billion in increased income for local communities; and WHEREAS, increasing the use of EITC by the qualified citizens of the City of Moorpark would help stimulate our local economy and increase access to millions of dollars in income; and WHEREAS, every resident earning less than $51,567 a year may qualify for up to $6,044 in EITC which may be used to lower their taxes or increase their tax refund; and WHEREAS, for every 1,000 residents who qualify and apply for EITC, it represents a potential $6 million in economic stimulus for our community; and WHEREAS, increasing EITC utilization represents a highly cost-effective economic development strategy; and NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The City Council wants to inform the citizens about the availability of the Federal Earned Income Tax Credit and Volunteer Income Tax Assistance programs. Resolution No. 2013-3243 Page 2 SECTION 2. The City Council hereby directs the City Manager to place a message on the City's local cable channel and website and to have the State provided Volunteer Income Tax Assistance related posters and brochures displayed at Moorpark City Hall and Moorpark Library. SECTION 3. The City of Moorpark joins the California State Board of Equalization, Franchise Tax Board, Internal Revenue Service and Jerome E. Horton, Chairman to the California State Board of Equalization, in advocating the Earned Income Tax Credit and the Volunteer Income Tax Assistance Program to qualified families and individuals. SECTION 4. The City Clerk shall certify to the adoption of this resolution and shall cause a certified resolution to be filed in the book of original resolutions; and the City Clerk shall provide a copy of this Resolution to Jerome E. Horton, Chairman to the California State Board of Equalization. PASSED AND ADOPTED this 4th day of December, 2013. Janke S. Parvin, Mayor ATTEST: Maureen Benson, City Clerk /� 9 1 D O Resolution No. 2013-3243 Page 3 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, Maureen Benson, City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 2013-3243 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 4th day of December, 2013, and that the same was adopted by the following vote: AYES: Councilmembers Mikos, Pollock, Van Dam, and Mayor Parvin NOES: None ABSENT: Councilmember Millhouse ABSTAIN: None WITNESS my hand and the official seal of said City this 9th day of December, 2013. Maureen Benson, City Clerk (seal) �9 O n � G v QG ,.rl