Candidate Jones rallies with muni workers; Pension costs ballooning

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City workers, Jones rally against pension cuts – Chris Moran, Houston Chronicle

The city will pay $243 million into the city’s three public employee pensions this fiscal year. The city’s annual pension bill is projected to rise to $368 million in four years.

Neal Meyer points out that in four years, the pension contribution will be consuming some 40% of property tax revenue.

Let’s hope Mayor 50.2% is talking to some really sharp municipal finance wizards on her junket in Israel!


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Kevin Whited
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