By Patrick Blais, includes “In a financial move that should pay huge dividends for the city in the years to come, Mayor Scott Galvin in recent days again called for a $750,000 deposit into a special trust fund established to cover the community's massive other-post employment benefits (OPEB) liabilities. … Woburn is one of only a few communities across the state that is making regular contributions towards outstanding OPEB obligations, which according to the most recently available estimates, stand at approximately $235 million.”
Read the full article on: Daily Times Chronicle (Massachusetts)