The Yes on Measures E and G campaign is one of the most vicious I have seen in my 22 years living in El Dorado County. The proponents are using fear-based marketing strategy.
An anti-developer social media campaign fails to address the major issues. There is a stunning lack of substance. The Save Our County campaign seems to want to essentially end all growth in El Dorado County.
They will tell you otherwise and claim to return to a dated general plan from 2004 to bring balance back to the county among other highly restrictive anti-growth initiatives. But these measures have been reviewed by legal experts who conclude they are unconstitutional and fall outside state law general plan requirements. If Measures E and G prevail, there will be lawsuits at a cost to El Dorado County.
But here we are mired in a fight for the future of El Dorado County. Little has been discussed about the financial implications if Measures E and G pass, and therein lies the core of the issue.
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El Dorado County depends on real estate property taxes. The county has tens of millions in unfunded liabilities for future health care benefits for retirees and multimillion-dollar law enforcement cuts in the proposed budget.
Property taxes, which are a lifeline to education, will be drastically impacted. Sales tax revenue will flatten out at best. One of the county’s shining stars – the Community Services District – receives 47 percent of its revenue from property taxes.
We’re teetering on the edge, and while we don’t see an economic downturn on the horizon, it will happen. If Measures E and G pass, and the next recession hits, El Dorado County will be in dire straits.
Our beautiful county has so much to offer people who live here and visit. We should welcome controlled and appropriate growth, and reject Measures E and G.
Kevin Nagle, a founder of Envision Pharmaceutical Holdings, is co-owner of the El Dorado Hills Town Center, the largest local owner of the Sacramento Kings and lead investor in the Sacramento Republic. Kevin@thenaglecompanies.com