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Before the vote was actually taken, the new Council President indicated that the analysis performed by the hired outside financial experts indicate that even with a maximum tax increase over the next 5 years, the city will still be tens of millions of dollars short of revenue. Much of the discussion centered around the need for the contracts to address the millions of dollars in escalating annual costs associated with retiree pension and free lifetime healthcare benefits (that these contracts do nothing to solve this problem). That didn't stop 5 of the council members from proceeding to ignore all these warning and still vote to ratify the contracts.

Mark my words. Very soon this city will be facing a major financial crisis.