Tag Archives: Unfunded liability

The latest financial update

Those Alamedans who weren’t able to stay up after 2 a.m. to catch the end of the live feed, or who later quit watching the video after seven hours, missed what may have been the most significant – and troubling … Continue reading

Posted in Budget, City Hall, Pensions | Tagged , , , , , , , , , , , | 2 Comments

Putting our money where their mouths are

Back in June, gloating over a projected $30.8 million balance in the General Fund as of the end of this fiscal year, Council instructed staff to come up with a list of recommendations about how to “allocate” – i.e., spend … Continue reading

Posted in Budget, City Hall, Pensions | Tagged , , , , , , , , , , , , , , | 3 Comments