All I have to say about this measure is "Look at the Matanuska-Susitna Borough".  The most poorly run, regulation laden borough in the state.  
Beware the government!   There is no form of government that can run itself only for one or two causes, in this case it would be energy and education.  I guarantee that within years, most likely months--it would be collecting revenue to fund the people that collect the revenue.  
Yip, and then turn into something incredibly messed up as the Mat-Su Borough currently is.