Sunday, December 28, 2014
YOLO COUNTY NEWS
99 CENTS

Get serious about revenues

By
From page A12 | February 16, 2014 |

Irony of ironies. After years of no serious discussions of revenue, the City Council has finally hit on a solution — soak its residents with more fees. How much blood do they expect to get out of a turnip?
Most cities have figured out that really attractive retail attracts outsiders who bring money and leave with goods. Other jurisdictions discover that fact and that spiffy business and research parks do not generate retail sales. The 2006 retail leakage study, done in conjunction with the Target development, indicated 75 percent retail leakage for Davis. Folks, that is troubling. It also indicates that Davis is underserved with retail space.
Our council is well known for the pressure it endures from the “keep-us-small-and-desirable” crowd. But that kind of problematic inwardness needs to be tempered with reality. Six to 10 years of additional taxation and economic planning will not change the reality that money chases low prices and broad choices.
Give taxpayers a break and get serious about revenue, Councilpersons.
William Tournay
Davis

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