At the recent Corona del Mar candidate's debate, candidate Mark Tabbert, talking about Measure V, suggested that it was a good thing that the City Council could raise property taxes without a vote of the people since pensions are a high cost to the city. In fact, the current city charter allows the council to raise taxes by "an amount sufficient to meet all (pension) obligations." This amount is currently several million per year and growing.
Measure V was put on the ballot to remove the ability of any City Council to raise property taxes without a vote of the people. While the current City Council is unanimous in its opposition to property tax increases, as evidenced by Tabbert's remarks, we cannot guarantee what a future council can do, that is why we need the taxpayer protections of Measure V.
If you want the right to vote for all property tax increases, vote Yes on Measure V. Don't get caught up in someone else's grudge match with the Chamber of Commerce.