4- the other so-called bedroom communities will necessarily face. The San Francisco Chamber of Commerce has long since recognized that San Francisco's growth lies in little the promotion and development of the entire Bay Region. It has/xx land left to accommodate the people or the industry which will come to this region. As the region grows, however, San Francisco is destined to become more and more the center of finance and insurancethe national regional headquarters for major firms operating in this area. San Francisco business will continue to reach new heights. While it will share your prosperity, it will not in full measure share your problems. What are these problems with which you will be faced? what does a population increase of 1,000,000 people from 1940 to 1990 mean? Within a very few years Contra Costa County can confidently expect to cope with the problems caused by a population that will be larger than that of San Francisco today or San Francisco tomorrow. To help bring the picture into clear focus, let me cite a few figures, with which I am sure most of you are familiar, but which show where Contra Costa County is today--and what it must look forward to. Currently your cost of local government is $35,000,000 a year. within 40 years the cost will be $100,000,000. The problem? How are you going to raise that $100,000,000 that $65,000,000 additional annual revenue? Today, industry pays approximately 55 per cent of the cost of your local government. Your 346,000 residents pay the other 45 per cent, $16,000,000-or if you prefer, $46 a year for each man, woman and child in the county. Now there are some who say "thumbs down on new industry in Contra Costa County". Let's see what that would mean in the way of taxes. Reducing it to the ridiculous, let's assume xxxxxxxx that there were no increase in industry while the population climbed to 1,000,000, we would have a continuing contribution by industry of 19,000,000 a year toward the cost of local government.