Resolution

The following is a resolution submitted to the local unit of the Nicollet County Farm Bureau. This is the first step for the formulation of state policy for the state Farm Bureau organization. It will be discussed, debated and voted either up or down at the Nicollet County Farm Bureau Annual meeting on September 10. If adopted, the resolution will go to the state resolutions committee and if adopted there, stands for adoption at the Annual Meeting of the Minnesota Farm Bureau.

Whereas Minnesota has always held education and a highly qualified work force in high regard and…..

Whereas in recent years, our elected leaders have borrowed funds from school districts in order to adopt a balanced budget and….

Whereas it is highly unlikely the school districts will ever be repaid and….

Whereas this practice has placed a heavier burden on property taxes now and in the future and….

Whereas in recent years our elected leaders have used accounting gimmicks and shifts instead of acceptable budgetary practices and…..

Whereas the Fitch Rating Service has lowered the state of Minnesota’s bond ratings from the highest grade of AAA to an AA+ rating and…..

Whereas the Commissioner for the office of Minnesota Management and Budget has stated the rating down-grade was caused by elected leaders in recent years relying on temporary solutions to budget problems and…..

Whereas in the past, when Minnesota’s rating was downgraded, it took 15 years to regain the highest rating……

Therefore be it resolved that the Nicollet County Farm Bureau urges our elected state leaders to adopt a state budget by using generally accepted accounting principles that will pass the scrutiny of the Government Accounting Standards Board.