Tag Archives: Jerry Wellfonder

No on Measure B

Read the Argument Against Measure B and Rebuttal to the Argument in Favor of Measure B in the Sample Ballot. You can view or download it at the City website, ElSegundo.org.

Vote “No” on Measure B, the Bait-and-Switch tax hike. The City lured hotels here with a Business Attraction Program and lower hotel Transient Occupancy Tax (TOT). Now after the hotels are built, the City is trying to raise their TOT tax by 50%, from 8% to 12%. This tax, paid by customers, will increase room prices and reduce sales. The TOT is only 10% in adjacent Manhattan Beach.

Measure B will destroy El Segundo’s longestablished reputation as a fair and stable business-friendly city. We may ultimately lose more tax revenue than we will gain, by discouraging businesses from coming and expanding here.

The hotel operators, Councilman Mike Dugan, and former Council Members Mike Robbins, Jane Friedkin and Dick Switz all oppose Measure B.

Government must learn to live within its means. This cycle of handing out big pay raises to the safety unions and management, and raising taxes to pay for it, has increased both the funded and unfunded CalPERS pension liabilities. It has got to stop. Each pay raise increases the pension liabilities. El Segundo’s unfunded CalPERS pension liability – about $106,500,000 – must be paid over many years, as employees retire, over their remaining lifetime, which will average about 25 to 35 years per retiree.

Vote “No” on Measure B to stop this vicious cycle.

– Jerry Wellfonder
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