Explainer: Public pension debts in Santa Cruz County
Despite reforms, local governments struggle with underfunded retirement payouts
Despite reforms, local governments struggle with underfunded retirement payouts
Projected budget shortfall blamed on inflation, pension costs
Unfunded pensions help drive projected budget deficit
Pension costs remain more than 10% of General Fund spend
City voters could decide on sales tax increase in 2022
Special meeting could happen July 27
Budget uncertain for affordable housing rules, public works building
Council members lament lack of options, looming debt
New Target store in works; city steps toward Town Center plan