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Council cautiously optimistic about financial future

Original post made on Apr 8, 2014

Palo Alto's economic recovery may be in full bloom, but city leaders offered plenty of reasons for caution Monday, including uncertainties over labor negotiations, infrastructure needs and lease negotiations over Cubberley Community Center.

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Comments (3)

Like this comment
Posted by Resident
a resident of Another Palo Alto neighborhood
on Apr 8, 2014 at 10:15 pm

Looks good as long as you don't consider Palo Alto's unfunded public pension and benefits liability of $200-500 million, depending on which estimate you like.


Like this comment
Posted by David Pepperdine
a resident of Another Palo Alto neighborhood
on Apr 9, 2014 at 8:18 am

[Post removed.]


Like this comment
Posted by Breathing their own Exhaust
a resident of Crescent Park
on Apr 9, 2014 at 1:31 pm

Good. Since the council has so much revenue to blow on 250K public relations managers, raises for the failed city manager and city attorney, and a $7M raise for our overpaid union workforce, we can all vote "NO" on any tax increase they try to sell us under the guise of "critical infrastructure"


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