Unfunded county liabilities are estimated to be $885 million. In light of these unfunded liabilities, what is your overall assessment of County finances? If elected what policy goals would you pursue with respect to County finances?
The reason there is a pension liability is that you have to go back to the fiscal crisis of 2008, the Wall Street stock market crash. These pension funds lost tremendous amounts of money. Since then we have been playing catch up ...
Jim Provenza • about 1 month ago • 0 comments
I think when you look at unfunded liabilities, you’re looking at a local reflection of a global economic system that is run in debt. Does anyone know how much debt the US is in? $23 trillion. This isn’t like a local problem that Yolo County’s dealing with.
David Abramson • about 1 month ago • 0 comments
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