Updates on Prop 90

I like Larry Stone, our county assessor, and think he's doing a fabulous job, but every couple of years the 'powers that be' get the idea that they will help to make up a shortfall in the Santa Clara County budget(55 million dollars) by eliminating Prop. 90...and with it, Prop.60. By doing this, they estimate a savings of $50,000.
If you've forgotten, these propositions allowed seniors and the disabled to keep their existing property tax base when they moved to a less expensive residence in the county, and also welcomed home buyers from other California counties into ours with those rates.
What they seem to forget is that retaining those homeowners and bringing in new ones also adds an infusion of buying power to the county. It also frees up large houses for young families to purchase...homes where seniors would otherwise be trapped in order to keep their tax base.
Presently. there are only 8 Prop. 90 counties in California: Alameda, Los Angeles, Orange, San Diego, Ventura, and locally, Santa Clara and San Mateo. El Dorado County was recently added to the list.
Let's not be penny wise and pound foolish...We need Prop.90!