Berkeley will have to reduce spending, according to new report

Due to a projected $4 million increase in the city’s pension costs between 2016 and 2017, as well as unfunded infrastructure and services, the report said, Berkeley will have to cut spending across the board. The report, presented by the City Auditor, reevaluated a 2010 audit on the fiscal effects of changes to employee benefits.
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Not another tax, not now

UNIVERSITY ISSUES: A potential state oil severance tax proposed by students is unlikely to pass on the heels of Proposition 30’s recent victory.

Now is not the right time to push for the passage of a state oil severance tax. Certainly, a conversation about the issue is warranted — California is the fourth-largest oil producer in the country and one of the only such states without a severance tax. But passing the tax
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