Christopher Smitherman has warned the City for years and years about its irresponsible policies on the City pension.
Yesterday, Ohio Auditor David Yost issued a scathing letter to the City Manager with the State's perspectives on the debacle.
This is not another political football, or a situation in which reasonable minds can differ. Under the "leadership" of Mayor Mark Mallory and Finance Committee Chairman Roxanne Qualls, the City has gone from being $81 million underfunded to being $862 million
underfunded. It will take unprecedented growth in the tax base or a massive tax hike to make up the deficit.
The situation is truly dire.
Read the Yost letter below, a metaphorical indictment of the City's persistent fiscal irresponsibility.
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