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Regardless of the amount of time to pay for the bloated pension liabilities there is real concern there - but I will also say that I feel like this report is not painting a picture of reality.

If there were no financial issues then why all the drama with the school department? Why are roads like Sandy Lane maintained so poorly? Why are the parks not maintained? Why is the urban blight of Post Road, Warwick Ave, and West Shore Road spreading so fast? Just looking around at Warwick it does not look like a city with a bright financial future.