The fiscal emergency declaration allows Moraga to put any revenue-raising measure on the ballot when it wants instead of waiting for a regularly scheduled election. Photo: Bloomberg

Short of cash, wealthy San Francisco suburb declares fiscal emergency

Measure gives officials in the affluent enclave the power to expedite a referendum on new fees to boost revenue

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The fiscal emergency declaration allows Moraga to put any revenue-raising measure on the ballot when it wants instead of waiting for a regularly scheduled election. Photo: Bloomberg
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