Because people have bills to pay.
The most dedicated Wikipedians in specific domains often tend to be academics in that space and whose day jobs tend to be adjacent to the niche they edit.
It's difficult to find the equivalent for local government, because the most knowledgable are already active, in the loop, and in the same circles so social ostracism is a real risk that they might be viewed as airing dirty laundry.
The number of people in a Chamber of Commerce, PTA, City Council, School Board, Rotary Club, local Library Foundation, Church Board, Teachers Union leadership, City Workers Union leadership, Police Union leadership, and a couple family offices may number in the 50-100 range, so no one is anonymous.
And finally, most local news groups are now owned by the 3rd generation of that family, and most of them have either already or are in the process of getting out of the local news business.
The reality is, if you want to make an impact in your local community (especially politically) you will have to build local relationships and become extremely active in existing cliques - playing golf at the private golf club, attending church or temple, becoming a member of the rotary club, contributing to library foundation fundraisers, become a junior member of the Chamber of Commerce, etc.
Finally, your pitch is the exact same one NextDoor back when they were a much smaller startup. Look at how that turned out. Making a Wikipedia type organization in 2026 would be nigh impossible given how decentralized the Internet has become, and how it isn't a niche platform anymore.