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What exactly ruined the city financially? I think the answer from critics would be compensation, and retirement benefits, right? So lets be real, how much less could we have paid our employees and how much less could we have offered for retirement benefits, and still attract and retain good employees to run the city and schools?
No one has offered a realistic alternative and a number that it would reduce our annual budget.
Yes we could find some efficiencies but how much realistically could the total cost be lowered?
Some has already been done for example eliminating family medical for retirees hired after a few years ago (forgot the year) and we will be eventually paying down the worst pension funds (Police/Fire 1). That will take a long time to save any real money, but eventually it will.
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