No prominent member of the San Diego business community has endorsed the financial reform ballot measure spearheaded by City Councilwoman Donna Frye.
Too few reforms, they say, and too much tax increase.
A day before the expected final council decision on putting the proposal before voters in November, that fact still hasn’t changed, despite two major developments on Friday applauded by business leaders.
Councilman Tony Young amended the ballot measure to ensure all the proposed reforms come before a tax increase would kick in. Then came the biggie. Mayor Jerry Sanders, long a business supporter, wholeheartedly endorsed the measure, saying it “clears the final obstacles to our reform agenda.”
But the San Diego County Taxpayers Association remains opposed, as does the Downtown San Diego Partnership, a pro-business nonprofit. The San Diego Regional Chamber of Commerce and the San Diego Regional Economic Development Corporation haven’t yet taken a position, but are concerned that the reform measures proposed don’t provide specific cost savings to justify a tax increase.
“I think we would have a hard time supporting the current proposal because the reforms aren’t real, aren’t measurable,” said Scott Maloni, chairman of the downtown partnership.