Resolution on Constitutional Amendments

WHEREAS, the General Assembly has proposed to amend Article X Section 6 of the Virginia Constitution to allow local jurisdictions to set their own criteria for granting property tax relief for homeowners over the age of 65 or who are disabled, and
WHEREAS, this flexibility is necessary for a targeted program to benefit homeowners in need in Arlington, and
WHEREAS, the General Assembly has proposed to amend Article X of the Virginia Constitution to provide property tax relief to veterans who have been found to have a 100% service-connected disability, and
WHEREAS, the General Assembly has proposed to amend Article X Section 8 of the Virginia Constitution to increase the cap on the maximum size of the budget stabilization “rainy day” fund from 10% of average annual revenue collections to 15% in order to provide a more significant buffer against periods of economic decline.
THEREFORE, BE IT RESOLVED, that the Arlington County Democratic Committee on August 4, 2010 supports the adoption of these three Constitutional Amendments and urges voters to vote “YES” on these questions in the November 2010 General Election.