The Ad by the “RESIDENTS FOR GOVERNMENT REFORM”: A Message to Coral Gables

See today’s Miami Herald, Neighborhood Section, Coral Gables (p. 21SE) for the following interesting ad, from which I quote and in which they urge you to get in touch with your Commissioners:

23 CENTS OUT OF EVERY $1.00 IN THE CITY’S BUDGET GOES SOLELY TO PAY PENSION BENEFITS.

CORAL GABLES RESIDENTS owe the Pension Fund approximately $200 Million since the pension fund has been underfunded for years.

THE CURRENT PENSION SYSTEM IS UNSUSTAINABLE.

UNLESS PENSION REFORM IS ENACTED, PROPERTY TAXES WILL CONTINUE TO GO UP

SIGNED:  RESIDENTS FOR GOVERNMENT REFORM

About Stephen E. McGaughey
International consultant in economic development programs and projects

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