HomeMy WebLinkAbout1977-069-11/01/1977-CONCERNING POSSIBLE REVISIONS TO THE FEDERAL SOCIAL SECURITY PROGRAM RESOLUTION 77-69
OF THE COUNCIL OF THE CITY OF FORT COLLINS
CONCERNING POSSIBLE REVISIONS TO THE FEDERAL
SOCIAL SECURITY PROGRAM
WHEREAS, the United States Congress is currently consider-
ing measures which would expend and alter the Federal Social
Security Program and
WHEREAS, one of such measures would extend the Social
Security Program to local government employees, and another
measure being considered would remove the taxable wage base
ceiling used to compute an employer's share of social security
taxes and
WHEREAS, the City Council has reviewed the impact of
these measures on the City of Fort Collins and has determined
that either measure would have a substantial adverse impact
on the cost of City government, and
WHEREAS, it is the opinion of the City Council that the
proposal to eliminate the taxable wage base ceiling for the
purpose of computing an employer's share of social security
taxes is basically unfair and not consistent with the philosophy
of the Social Security Program under which employers and
employees have shared equally the taxes to fund the program
and
WHEREAS, it is further the opinion of the City Council
that the proposal to extend mandatory social security coverage
to all local government employees is not sound for many
reasons, including the following
Existing retirement programs of many local governments,
including the City of Fort Collins, would be totally
disrupted by such mandatory extension,
The cost to local government for extending the Social
Security Program would severely adversely impact on the
taxpayers of local governments
The mandatory extension of social security coverage on
local government employees would amount to the levying
of a tax on such local governments contrary to the
United States Constitution
Such extension would result in fewer )obs being created
by local governments which would have an adverse effect
on the unemployment rate
NOW, THEREFORE, BE IT RESOLVED BY THE CITY OF FORT
COLLINS that the City Council hereby expresses its opposition
to the measures now being considered to extend the Social
Security Program to local government on a mandatory basis or
to change the allocation for sharing the cost of the Social
Security Program between the employer and the employee and
BE IT FURTHER RESOLVED, that the Mayor be, and he
hereby is, authorized and directed to communicate this
opposition of the City Council to United States senators and
representatives from Colorado
Passed and adopte at a re ular meet g of the City
Council held this day of 1977
A ST Mayor
y lerk
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