SAN DIEGO, Nov. 2, 2016 /PRNewswire/ -- Measure B will be good for taxpayers. That's the finding of a report prepared by taxpayer advocate Scott Barnett.
According to the report, the Lilac Hills Ranch project includes:
- A legally binding commitment to build a much-needed K-8 school.
- A commitment to make all necessary community road and infrastructure upgrades to the tune of $16 million dollars, $2 million more than the County of San Diego estimated is needed.
- $2 million net in new tax revenues for county taxpayers annually.
- A commitment to fund a Water Recycling Plant so the project will use less water than is currently consumed on the site.
As it relates to the turnkey K-8 school. Lou Riddle, the Bonsall School Board President said, "Measure B will have a great positive impact in our community, it will give the children of the community a continuous learning path."
As Measure B relates to San Diego County taxpayers, Scott Barnett, President of the San Diego Taxpayers Advocate said of Measure B, "Measure B is a good deal for County taxpayers. In addition to paying $16 million to improve area roads, the developer is required to pay for a K-8 school to serve the project and nearby residents. On top of that, it will generate nearly $2 million in new tax revenue each year to support services for all of us."
In addition to Barnett, area housing and economic experts like Alan Nevin and Gary London have also urged support of Measure B, saying it's a win for the region that desperately needs to focus on solving our housing crisis.
For more information on Measure B, click on https://yesforbetter.org/
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/measure-b-san-diego-its-good-for-san-diego-taxpayers-300356058.html
SOURCE Yes for Better