HH is on the November ballot. It is a 20-year long, 1% sales tax increase with many negative financial impacts to both our residents and businesses. If passed by Fountain Valley’s voters, they will increase their city’s sales tax to 9%.
It is an “excessive” increase, since it will bring in $11.5 million dollars annually for 20 years. The math works out to a whopping $230,000,000. The current Council majority has passed a deficit budget for years now with a current deficit of $1.7 million.
Many local businesses are VERY concerned, and for good reason, about their customers and capital improvements.
Should the Chamber have just walked away from this one without taking a position? How does the Chamber of Commerce’s YES position support local businesses? How is this going to bring new sales to the Chamber of Commerce’s dues-paying members?
Currently the OCTA is struggling because their sales tax funded Measure M is not collecting the revenue they thought it would. Why? Because so many consumers are now shopping online. That means they are not paying local sales taxes, in most cases.
Fountain Valley is surrounded by cities that will be happy to welcome Fountain Valley consumers with lower sales taxes. Moreover Amazon just bought a new warehouse in Irvine. They plan to take as much retail business away from local brick and mortar retailers as possible!
If Fountain Valley is upside down it is the fault of longtime City Council Members Cheryl Brothers and Steve Nagel. Wise Fountain Valley voters should vote for their opponents, Kim Constantine and Patrick Tucker. And vote no on Measure HH!
As for the Fountain Valley Chamber of Commerce we recommend that their members either quit that failed Chamber or oust their Board of Directors. They have failed to look after the interests of local businesses by advocating for higher taxes instead of calling for better local government.