The tax rate is proposed to increase from .001911 to .002456.
City officials cite overwhelming public support for the construction of the fitness complex.
Your Taxpayers Association feels that if the city enjoys such popular support for the new complex, officials should use a general obligation bond rather than a building authority bond to finance the construction. A general obligation bond requires a vote of the people, but results in a large savings in the long run as it usually carries a much lower interest rate. In addition, your Association feels that government involvement in the recreation and fitness arena introduces disadvantages to those private businesses already operating in the industry. A recreation complex subsidized by all taxpayers can offer services at a much lower cost, threatening the profits and viability of private competitors. If fitness and recreation facilities provided by the private sector are not sufficient to meet the needs of West Valley citizens, then other, less intrusive and more taxpayer friendly, methods of encouraging the construction of more facilities can and should be used.