Inside the Budget, Part 3: The Mystery of Proposition 2 1/2

Published in the July 13, 2018 edition

By MAYOR GAIL INFURNA 

MELROSE — In the past few years, real estate values in Melrose have skyrocketed. At the same time, developers have built new apartments and condos as well as an assisted living facility. So why are finances so tight?

The answer lies in the way Proposition

 

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