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September 30, 2014, 7:18 pm
970 WMAY News

Houston May Not Sign Ordinance Diverting $1 Million To Pensions


Mayor Mike Houston admits it probably wouldn’t do much good to veto an ordinance that diverts $1 million in city revenues to police and fire pensions.  But Houston says he may not sign it either. 

 

Taking no action at all means the ordinance would still go into effect in two weeks, but Houston says it would allow him to express his concern over the measure. 

 

Appearing live on 970 WMAY's "Jim Leach Show," the mayor said diverting the money could force the city to dip into its savings to pay upcoming expenses, including CWLP’s debt load.

 

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