City report reveals upkeep, pension costs constitute bulk of unfunded liabilities
At a special meeting Tuesday night, the Berkeley City Council heard the City Manager’s first report of the year regarding the city’s unfunded liabilities. Read More…
Annotated agenda for Nov. 27 Berkeley City Council meeting
At Tuesday’s 7 p.m. meeting, the Berkeley City Council will be addressing a number of topics, namely a controversial issue about adopting a resolution that would find the Perfect Plants Patient’s Group to be a public nuisance. Read More…
City, police reach pension agreement
After more than a year of negotiations, the Berkeley Police Association and the city have tentatively reached a pension agreement to be voted upon at the Sept. 11 Berkeley City Council meeting. Read More…
Berkeley City Council adopts biennial city budget update
The Berkeley City Council unanimously voted to adopt its biennial city budget update Tuesday night, which hopes to close a projected $1.8 million deficit through loan adjustments and cost reductions. Read More…
Running on empty
CITY AFFAIRS: The city of Berkeley must find a solution to its pension problem more quickly if it wants to avoid bankruptcy.
At a Berkeley City Council meeting on Feb. 9, 2010, Councilmember Laurie Capitelli said that the consequences of not dealing with a pensions system that costs the city millions of dollars each year “could be really bad” and that “we don’t want to just kick the can further down the Read More…