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HomeMy Public PortalAbout10/25/2022 Resolution: RESOLUTION IN SUPPORT OF THE FAIR SHARE AMENDMENT %'1630" Watertown City Council Administration Building 149 Main Street PACE coN01 Watertown, MA 02472 ELECTED OFFICIALS: Phone. 617-972-6470 Mark S.Sideris, Council President RESOLUTION IN SUPPORT OF THE FAIR SHARE AMENDMENT Vincent J.Piccirilli,Jr., Vice President& District C Councilor WHEREAS: The best way to help working families and build a stronger John M.Airasian economy for us all is to make sure that we have quality public schools for our Councilor At Large children, an affordable public higher education, and a reliable transportation Caroline Bays system; and Councilor At Large WHEREAS: Students need a well-rounded education, founded on a rich and John G.Gannon,Councilor At Large varied curriculum that includes science, gyp engineering, technology, iin and math (STEM), music, art, and athletics; and Anthony Palomba, Councilor At Large WHEREAS: Major investments in public education are needed to help students Nicole Gardner, recover academically, socially, and emotionally from the COVID-19 pandemic; District A Councilor and Lisa J.Feltner, District B Councilor WHEREAS: Tuitions and fees at our public colleges are among the highest in the country, and students are forced to take on enormous debt to receive a degree; Emily Izzo,District D Councilor and WHEREAS: New state revenue is necessary to improve our public schools from Pre-K through college, and make public higher education affordable again; and WHEREAS: Massachusetts needed new investments in our transportation and public education systems even before the COVID-19 pandemic, and now those investments are needed more than ever to lift our economy into an equitable and long-lasting recovery; and WHEREAS: Our Commonwealth's highest-income residents, who have seen their collective net worth skyrocket in recent years, pay a lower percentage of their income in state and local taxes than do the rest of us, and clearly have the ability to pay a little more for the investments we all need. THEREFORE, BE IT RESOLVED: That the City Council of the City of Watertown supports the proposed Fair Share Amendment that would create an additional tax of four percentage points on annual income above one million dollars and dedicate the funds raised by this tax to quality public education, affordable public colleges and universities, and for the repair and maintenance of roads,bridges, and public transportation. Council Member I hereby certify that at a regular meeting of the Town Council for which a quorum was present, the above Resolution was adopted by a vote_for, _against, and present on October 25, 2022. Marilyn W. Pronovost, Council Clerk Mark S. Sideris, Council President