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The City of Erie, Pennsylvania, is the Erie on the hook for fire and police pensions. https://www.paauditor.gov/media/default/MunPenReporting/RPT_2016_MuniPensi
by patio11 8y ago
The City of Erie, Pennsylvania, is the Erie on the hook for fire and police pensions. https://www.paauditor.gov/media/default/MunPenReporting/RPT_2016_MuniPension_STATUS_REPORT_Dec2016_FINAL.pdf https://www.paauditor.gov/media/default/MunPenReporting/RPT_...
Why bring it up? Because cities are special purpose vehicles to fund police/firefighter pensions which have a side hustle in providing civic infrastructure. That's quite relevant to the question of why costs are increasing (because politically powerful people got placated), whether investments in infrastructure will reduce costs (strictly impossible), and whether property developers are to blame for underfunded infrastructure (they do not receive checks from the city every month).
- freddie_mercury 8y agoThat seems like just some random place not mentioned in the article? The article mentionedthe county of Erie. And the quote wasn't about any city in particular, just about generic "many older cities". The city of Erie didn't come up in the article.
- UncleEntity 8y ago> The city of Erie didn't come up in the article. "Joshua Vincent’s piece on land taxation in Pennsylvania examines relative tax rates in Erie County, Pennsylvania, finding that property owners in the city of Erie proper pay close to double the taxes that those in many of Erie's suburbs pay."