File #: R-1314-111    Version: 1 Name: City Council 's intent to use unencumbered revenues from Temporary PSST when tax expires on September 30, 2015, for public safety capital improvements
Type: Resolution Status: Passed
File created: 2/20/2014 In control: City Council
On agenda: 2/25/2014 Final action: 2/25/2014
Title: RESOLUTION NO. R-1314-111: A RESOLUTION OF THE COUNCIL OF THE CITY OF NORMAN, OKLAHOMA, EXPRESSING THE INTENT OF THE CITY COUNCIL TO USE THOSE REVENUES GENERATED FROM THE TEMPORARY PUBLIC SAFETY SALES TAX REFERENDUM THAT ARE UNENCUMBERED WHEN THE TAX EXPIRES ON SEPTEMBER 30, 2015, FOR PUBLIC SAFETY CAPITAL IMPROVEMENTS, PROVIDED VOTERS APPROVE THE PUBLIC SAFETY SALES TAX LEVY UNDER ORDINANCE NO. O-1314-33.
Attachments: 1. Text File R-1314-111.pdf, 2. R-1314-111
Title
RESOLUTION NO. R-1314-111: A RESOLUTION OF THE COUNCIL OF THE CITY OF NORMAN, OKLAHOMA, EXPRESSING THE INTENT OF THE CITY COUNCIL TO USE THOSE REVENUES GENERATED FROM THE TEMPORARY PUBLIC SAFETY SALES TAX REFERENDUM THAT ARE UNENCUMBERED WHEN THE TAX EXPIRES ON SEPTEMBER 30, 2015, FOR PUBLIC SAFETY CAPITAL IMPROVEMENTS, PROVIDED VOTERS APPROVE THE PUBLIC SAFETY SALES TAX LEVY UNDER ORDINANCE NO. O-1314-33.

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BACKGROUND: On March 11, 2008, the City Council adopted Ordinance No. O-0708-32, the Public Safety Sales Tax ("PSST I"), that created a temporary one half of one percent sales tax on retail sales extending from October 1, 2008 to September 30, 2015 with the revenues generated thereby to be used primarily for public safety purposes. The voters of the City of Norman approved the PSST I at a duly called election on May 13, 2008. The primary purposes of the PSST I, including the addition of seventy-one public safety personnel, will have been accomplished prior to the expiration of the tax of September 30, 2015.

Because the tax was a temporary tax, Council previously directed staff to reserve adequate revenues generated from PSST I to continue to fund the seventy-one (71) public safety personnel positions and associated equipment expenditures for an additional six months beyond the expiration date of PSST I. In addition, the City Council authorized funding from PSST I revenues to accomplish a number of additional public safety capital improvements and expenditures authorized by the PSST I Ordinance including: improved communication systems; remodeling and equipping the Norman Investigations Center (formerly Smalley Center); making a contribution to the "Rainy Day" Fund in an amount that was proportionate to public safety functions funded from the General Fund; and making a contribution to the General Fund in support of the emergency communications function; among other expenditures. City Council anticipates revenues from PSST I to remain...

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