There has been a lot said for and against Kaysville's Proposition 5 restricting use of electric-utility revenue, which the city has used in real estate transactions to the tune of $25 million. The arguments by opponents that Prop 5 will increase property taxes have some validity. Where else can money come from if the city doesn't take profits from the electric fund? Prop 5 is a game changer.
As Greg Franks said: "Kaysville City has pacified the public with their claim to lower taxes and power rates when in fact they have significantly raised revenues by quietly and artfully taking money from the citizens' pockets from the electric fund and using or losing it in ways that have no public input."
The state auditor's report in September was crystal clear: This practice is in violation of the law. Sadly, none of the incumbents running for election supports this citizen-driven initiative. It would cut off their cash cow. The challengers, Susan Lee and Brian Frandsen, do support it.
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