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Retirees and callers criticize city finances, pensions and use of UTGO bond funds
Summary
Public commenters told the committee they were unhappy with the size and distribution of pension supplements and questioned the city’s use of UTGO bond money and other revenues to cover operations rather than capital projects.
Several callers during the Internal Operations Committee’s public-comment period on April 30 criticized the size of recent pension supplements and questioned the city’s fiscal priorities, including the use of voter-approved UTGO bond funds.
William M. Davis, who said he worked for the City of Detroit from 1978 to 2012, said many general-fund retirees were pleased to see a supplemental payment on pension statements but called the amount insufficient. “This is before…
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