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September 3, 2014, 2:03 am
970 WMAY News

Houston: Infrastructure, Pensions Are Major Looming Problems For City


Springfield Mayor Mike Houston says he’s delivering on his promise to provide both smaller government and “world-class” city services.  But Houston warns that pensions are a looming serious problem for the city. 

 

He delivered his annual “State of the City” address Monday, and pointed to a $210 million unfunded liability for police and firefighters as a significant problem that he is working to solve. 

 

And Houston warned that it won’t be possible to cut enough money from the budget to pay for infrastructure needs… and the city will either pay now or pay more later.

 

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