Offering frequent news and analysis from the majestic Evergreen State and beyond, The Cascadia Advocate is the Northwest Progressive Institute's unconventional perspective on world, national, and local politics.

Wednesday, September 20, 2006

I-933 is worse than Oregon's Measure 37

This is why we have to defeat this pile of garbage:
Initiative 933 is estimated to cost state agencies $2 billion to $2.18 billion over the next six years for compensation to property owners and administration of the measure. In the same time period, the initiative is estimated to cost cities $3.8 billion to $5.3 billion, based upon number of land-use actions since 1996, and is estimated to cost counties $1.49 billion to $1.51 billion. Costs are derived from the requirement that, with specific exceptions, state agencies and local governments must pay compensation when taking actions that prohibit or restrict the use of real and certain personal property.


It is estimated that county governments planning under the Growth Management Act could see potential claims for compensation [developers or landowners demanding that the government pay them or waive the rules] of approximately $1.4 billion over six years.


Although these compensation numbers seem large, they are in a range of what has been occurring in Oregon following the passage of Measure 37 in November 2004. As of August 11, 2006, 2,949 claims had been made, affecting 168,677 acres, worth $3.9 billion. Since the Initiative is broader in scope than Measure 37, higher compensation values are anticipated.
This analysis is from the Office of Financial Management (OFM) which has releases its fiscal impact statement for Initiative 933. The analysis is clear. Initiative 933 has the potential to inflict devastating harm and create complete chaos. All this can be avoided if we work hard to educate our fellow voters about the consequences of this special interest ballot measure.

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