No on Measure G
Measure G in Newark if passed would continue the unsustainable pattern of borrowing and waste funded by well meaning taxpayers. This is nothing more than another bailout. This measure really hurts seniors on fixed incomes. Inflation, increased health care costs and reduced returns on their investments are already eating away at their retirement budgets. Newark taxpayers are currently paying $5 million a year in bond debt service and will continue to make payments for decades. Now, the fiscally incompetent and irresponsible school board wants more. If every 10 to 15 years a new bond is approved and it takes 40 years to pay it off this creates a pattern of neverending increasing debt. If you can't do that math I can't help you. Any improvements made will be long gone before the payments end. Imagine the current students in Newark still paying this debt when they are parents with children of their own. This will happen if G
David Springsteen, Newark
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