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800 million, that additional $400 million figure is, as Dexter said, not due tomorrow. And the ratings report said that the city continues to fund OPEB on a pay-as-you-go basis every year.
The city is not in any immediate danger of receivership, missing payroll, or failing to meet its annual obligations.
There are still issues, and the outside reports (the audit and the rating report), state those very clearly.
If they want to address those issues, now's their chance. They don't have a mayor from the other party to blame if they fail.
But it's dishonest and irresponsible for Merolla to suggest that those issues put the city on the edge of a fiscal cliff, and ignore his own role on the council for the last 20 years.
And for the people complaining about Solomon, maybe he finally realized -- especially after being so wrong about the FY18 audit and the city reserves -- that crying 'wolf' stops being effective when he's in the mayor's office.
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