CURRENTS Next Issue Mar 2018 _Currents copy | Page 8

8 Currents March 2018 > continued from page 7 Why it was so important that the City had to call a special election that the just the Supervisor of Elec- tions portion will cost $234,459 plus other city expenses which I estimate to be at least another one to two hundred thousand dollars in precinct rents, staff time and printing. Why spend $400,000 to $500,000 of your money when the City could have put this tax quesion on the November ballot for virtu- ally free? The bigger picture is that for the past many years the city's budget has spent approximately 1/4 of a Billion dollars a year ($266,000,000 this year). Why did the City not manage your money so many expenses that should have been foreseen were not paid from normal annual tax revenues? How many years has the City known bridges, infrastructure and the pier were in need of repair and choose to do nothing except short the employee's pension fund so the Commission could spend more money on their projects? This Bond / Debt must be Stopped. Please continued on page 9 >