HomeMy WebLinkAbout1043 - SUPPORTING proposed Amendment 59 to the Colorado Constitution concerning education funding and Tabor rebates Boulder City Council
RESOLUTION NO. 1043
A RESOLUTION SUPPORTING AMENDMENT 59, A PROPOSED
AMENDMENT TO THE COLORADO CONSTITUTION CONCERNING
EDUCATION FUNDING AND TABOR REBATES
FINDINGS
The City of Boulder City Council finds as follows:
1. Amendment 59, a proposed amendment to the Colorado Constitution, also known
as the Savings Account for Education (SAFE) Initiative, that concerns education
funding and TABOR rebates, has been placed on the statewide ballot for 2008,
and
2. SAFE establishes a savings account for preschool through 12th grade (P-12)
education for use during future economic downturns; and
3. SAFE allows the state to invest revenues over the constitutional limit on P-12
education; and
4. SAFE eliminates the constitutional requirement that state spending on P-12
education increase by a fonnula based on inflation; and
5. Without raising taxes, SAFE provides more money to educate Colorado's
children; and
6. This money may be used for a number of P-12 education improvements,
including expanding preschool and full-day kindergarten programs, reducing class
size, expanding technology education, and providing performance pay for
teachers; and
7. Investing in education is the single best way to strengthen Colorado's economy
and expand opportunities for working families; and
8. Awell-educated workforce is vital to attract new businesses, generate new quality
jobs, and retain existing jobs in Colorado; and
9. Passage of SAFE eases conflicting budgetary requirements contained in the
Colorado Constitution;
RESOLUTION
The City of Boulder does hereby declaze its support of, and urges a YES vote on, the
ballot question known as Amendment 59, which will appear on the November 4, 2008
election ballot. ~ ~ ~
Resolved this 7th day of October, 2008. /Q j/ / ~ rl 0
Mayor
Attest
rty Clerk on behal of the
Director of Finance and Record