Dallas Mayor Writes Letter to Taxpayers Over Pension Crisis

Dallas Mayor Writes Letter to Taxpayers Over Pension Crisis source: wbap.com
Dallas Mayor writes letter to taxpayers over Pension crisis.
Published: Fri, 2017-04-21 12:44
source: http://www.wbap.com/2017/04/20/dallas-mayor-writes-letter-to-taxpayers-over-pension-crisis/
Dallas Mayor Mike Rawlings courtesy Dallas City Hall

DALLAS (WBAP/KLIF) – Dallas Mayor Mike Rawlings has written a letter to the city taxpayers as lawmakers attempt to solve the city pension crisis.

The mayor echoes earlier comments that a bailout from Austin pushed by Representative Dan Flynn is unprecedented and unnecessary.

He says he is opposed to the idea because it would obligate taxpayers to pay over a billion dollars over the next 30 years and that taxpayers will be required to pay among the highest contribution rates to the fund of any city in the country.

Rawlings says he wants to compromise to give flexibility to future Dallas City Councils and a new governance system on the Pension Board.
(Copyright 2017, WBAP/KLIF. All Rights Reserved.)

WBAP Wed, 2017-04-26 06:00

Morning News: Eddie Gossage on Dale Earnhardt Jr. Retirement Announcement

He's walking away from the track. Will you miss Dale Earnhardt Jr.?
View more
WBAP Wed, 2017-04-26 05:34
WBAP Wed, 2017-04-26 02:19

Rick Roberts: Trump border wall

Is President Trump backing down from his promise to build the wall?
View more
WBAP Tue, 2017-04-25 19:00

Texas House Still Waiting on Vote for Alternative Bathroom Bill

The author of the bill says he believes it has enough votes to pass.
View more
WBAP Tue, 2017-04-25 18:25

Rick Roberts: Trump's Failing Grade

As President Trump's 1st 100 days approaches, not everyone thinks he's doing a good job
View more