Opinion

Vote yes on 426 and 427 for Paradise Valley

Posted

OPINION — Vote yes on Proposition 426 to increase the expenditure limitation in Paradise Valley. There is no increase in any tax if you vote yes on 426.

Mayor Mark Stanton and four council members recommend and request that all residents vote yes on Propositions 426 and 427 to keep Paradise Valley services high, support police and first responder needs, and ensure the town keeps up with inflation.

Paradise Valley has no property tax. Ignore false statements that are actively seeking to disrupt and undermine the town, Mayor Stanton and the majority of council.

Paradise Valley voters previously approved increases in the town’s expenditure limitation in 2000, 2006 and 2016. The expenditure limitation is an artificial ceiling on spending limits set by the Legislature 50 years ago. 

Future projected expenditures exceed revenue that the town is prohibited from spending  based on the expenditure limitation formula. Let's keep Paradise Valley’s brand, services, first responder and police security high by voting yes on Prop 426. 

This would not mean this fiscally conservative town council will spend up to the limit. That is a ridiculously false assertion.

The Legislature has discussed limiting municipalities from increasing their expenditure limitations. It is important we vote yes now on 426 so the town is not restricted from providing services due to a legislatively imposed restriction.

Increasing the expenditure limitation is more fiscally sound than issuing bonds, which the town council has the authority to do without voter approval. It would make no sense to issue bonds and saddle the town with interest obligations when the town has revenue it could use, but is prohibited from using because of the dated formula in the expenditure limitation.

Please support Mayor Stanton and council and vote yes on 426 and 427!

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