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This November, Berkeley voters will decide whether to authorize $300 million in new debt — with interest, the total cost to residents will be $610 million over the next four decades. Bonds are an essential tool, alongside taxes and fees, to maintain our city. Within this toolbox, bonds are among the most expensive to implement, and they place a disproportionately high cost burden on younger residents with higher property tax assessments.
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When I was in college, the progressive eatery was a cooperative vegetarian restaurant. It served first-wave hippie cuisine – always experimental, constantly evolving. One afternoon we were dismayed to find the restaurant shuttered. The perils of nonexistent accounting had caught up with the place. Fortunately, a skilled team and angel investors recognized the intrinsic value of the enterprise and developed a sustainable business plan.
As a journalist, you can create a free Muck Rack account to customize your profile, list your contact preferences, and upload a portfolio of your best work.
