Click for Ann Arbor, Michigan Forecast
Sunday February 26, 2017
Follow us: facebook twitter RSS feed
Print Comment E-mail

What Price Pensions?

 

continued

If his fellow commissioners agree, that leaves the county facing a dire reality. McDaniel warns that "core services will be impacted" if they continue to divert money from the general fund to retiree benefits. LaBarre agrees, saying that covering the unfunded liabilities from the operating budget would require "massive cuts to discretionary human services and unmandated public safety--though everybody would get cut."

---

If bonding is too dangerous, spending general fund money too damaging, and doing nothing no longer an option, the only alternative left is raising taxes. "Some millages are possibilities," LaBarre says, "like a public safety or human services millage, or a millage to pay into a legacy [cost] relief fund. We could also talk about a Headlee override"--asking voters to restore property taxes cut by the state tax limitation law.

Bookmark and Share
previous  ·  1 l 2 l 3 l 4 l 5 l 6 l 7 l 8  ·  next page
all on one page
read more stories here -> Marketplace  l  Culture  l  Community  l  News

You might also like:

Super Pair - Ann Arbor's biggest elementary sch... Super Pair - Ann Arbor's biggest elementary sch...
The Strange Tale of Mr. Shiji - Homeless and me... The Strange Tale of Mr. Shiji - Homeless and me...
Photo: Jelly Bean Jump Up! Photo: Jelly Bean Jump Up!
Collage Concert - A stunning crazy quilt Collage Concert - A stunning crazy quilt
 What's in a  Name? - Amusing the masses at What's in a Name? - Amusing the masses at "Ms...
Kay Kendall and Rudy Haertl - Septuagenarian sw... Kay Kendall and Rudy Haertl - Septuagenarian sw...
Lynch Law on Huron St. - In 1931, a mob threate... Lynch Law on Huron St. - In 1931, a mob threate...
Photo: Go ahead touchdown Photo: Go ahead touchdown
Map of Asian Restaurants Map of Asian Restaurants
Ann Arbor Safety Services Ann Arbor Safety Services
spark
custom blinds and window treatments, flooring, and furniture
top of the lamp. All your in home lighting needs.
Become of Fan of the Ann Arbor Observer on Facebook
Hebrew Day School
A visitor's guide to Ann Arbor