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Sonoma County, CA | November 2, 2004 Election |
Windsor's EconomyBy Bill PattersonCandidate for Member, Town Council; Town of Windsor | |
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A truly sustainable community economy is based upon its people and an educated workforce. A good community environment with civic vitality leads to a good local economy.There are many economic models, from the global economy, to macro economic models, to our local community-based economy. Many leaders in the past have depended heavily on the "big box", Retail Sales-tax model; not aware of or ignoring the dangers this model represents to a community. If it is solely depended upon, it exposes our local economic health to the vagaries and vicissitudes of Wall Street. Others say increasing, with no limits or constraints, residential housing construction and the population expansion that comes with it will lead to a prosperous town economy. The fact is that new housing construction not only is not healthy for a SUSTAINABLE community economy, it is a drag on it. There is no net revenue gain to the community from this type of growth. A case study by the Urban Institute reports that one new single-family house equals an annual deficit to the community of $226! Residential housing growth is expensive. In contrast, a truly sustainable community economy is based upon its people and an educated workforce. A good community environment with civic vitality leads to a good local economy. We should therefore:
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