Wednesday, March 29, 2017

Let's plan to be fired all together

Press Democrat;
The city of Santa Rosa paid $11 million in unfunded liability costs last year but is expected to pay $41 million in 2023. From another perspective, the UAL cost is expected to climb from 7.6 percent of the city’s current general fund to 26 percent by 2023. This means the city will need to find $30 million in additional annual revenues over the next six years to cover its UAL cost.

Petaluma paid $4 million in unfunded liability costs last year, but will pay $12 million in 2023. Presented as a percentage of the general fund, the city’s unfunded liability costs are expected to climb from 9.8 percent to 28 percent by 2023. This means Petaluma will need to find $8 million in additional annual revenues over the next six years to cover its UAL cost.

Include the rest of the town in that large county.  All of them will be spending 28% of their budget on pensions. So, brilliant union government has a bunch of public workers laid off in one region at one time causing mass migration, a war crime by the way.

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