“We’ve heard loud and clear there’s tremendous interest and will to turn that pattern around and to begin fully funding,” said Ald. Clare Kelly (1st), who brought up the issue.
Kelly estimated the city will need to allocate an additional $4.5 million this year to keep the city on the path to fully funding the pensions. She wants to use surpluses across various categories of the budget and unassigned funds, rather than property tax revenues, to pay the additional $4.5 million for the pensions.
Go to article in Northwestern Daily
