San Diego's New Budget

Saskal, Rich
April 2006
Bond Buyer;4/18/2006, Vol. 356 Issue 32362, p1
Trade Publication
The article reports on the release of the fiscal 2007 budget proposal prepared by San Diego Mayor Jerry Sanders. The budget shows that the city's underfunded pension system continues to dominate its decision-making. The city, which has a general fund budget of about 1.3 billion dollars, faces an estimated 1.4 billion dollars unfunded liability to San Diego City Employees' Retirement System.


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