By Frank Hotchkiss, includes “The biggest problem with the supposedly “balanced” budgets of cities and counties is that they ignore future liabilities like pension promises … These “balanced budgets” also don’t count postponed maintenance on roads, sewers, and other necessities. … When they claim that they “balanced the budget,” what they really mean is that they approved a budget crafted by the executive staff of the various departments…”
Read the full article on: Santa Barbara Independent (California)