A new study from the Common Sense Institute Arizona confirms why Glendale leaders and businesses have been sounding alarms over Proposition 499.
If the measure passes, it has the potential to inflict severe damage on one of the city’s most important economic drivers and on the city’s entire quality of life.
The study found that:
- Proposition 499 would reduce Gross Domestic Product (GDP) in Glendale by between $120 million and $1.9 billion.
- The city’s events and accommodation sectors would be hit hardest; together they represent an estimated 8.2% of the city’s entire economy.
- Between 1,700 and 32,000 Glendale jobs could be at risk.
“If Proposition 499 were to pass, overnight Glendale would become a less competitive travel destination. Travelers would see higher room rates and diminished attractions, workers would find fewer job opportunities, and the City of Glendale would see lower tax revenues that would require cuts to critical core services,” Save Glendale Jobs Chair Kim Grace Sabow said. “Between now and Election Day we will be working hard to urge Glendale voters to say no to Proposition 499.”