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Colorado Springs officials disagree with report on financial health

FEBRUARY 1, 2018 | by Jeanne Devant | THE COLORADO SPRINGS BUSINESS JOURNAL

By Jeanne Davant, includes “TIA founder and CEO Sheila Weinberg compared the situation to a massive credit card balance and said the city had not truly balanced its budget by charging “promised pension benefits to the taxpayers’ credit card.” Mayor John Suthers said the only time unfunded pension liability is a true debt is when the fund closes. …”
 

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