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August 21, 2014, 10:58 pm
970 WMAY News

Mayor Houston: Funding Infrastructure and Future Pensions Biggest Challenge

Springfield Mayor Mike Houston says the city is rebounding nicely from the economic downturn of recent years… but warns there are some big potholes in the road, figuratively and literally.


In his annual “State of the City” speech, Houston says the city needs to act on its infrastructure needs, and won’t be able to simply cut other areas of the budget to pay for it.


The mayor also warns that the massive unfunded liability in police and fire pensions is another major hurdle facing the city.


Watch video highlights below or at this link.


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