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C.V. Budget Numbers Don't Add Up

Monterey Herald -- Oct. 3, 2009



A recent letter supporting Carmel Valley incorporation stated: "Opinions are weighing more heavily than the facts."

Some facts: 1. The three-year-old revenue numbers relied upon by LAFCO are overstated by at least $1million a year (Quail Lodge's closing, Carmel Valley Ranch's assessment reduction and sales tax reductions are not reflected) making the proposed city's economic viability improbable.

2. The LAFCO report states the city would not be economically viable if Tehama was removed, which it was.

3. The LAFCO report shows the new city would not be viable without a county loan of over $4million, interest free.

4. There was no mention in the report of the $140 million to $190million of unfunded road expenses as calculated by the county administrative officer when he was public works director to be transferred to the proposed city.

Thus the proposed city, with lower actual revenues, will pay the county millions it can't afford for the services we already get and will assume over $140million in unfunded liabilities. The county gets a deal and the residents will get to pay even more in taxes and fees for a new city. No on G.

Franklin Lunding
Carmel



Last Updated: Oct 03, 09

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