City council needs to report out the UAL debt amount due and interest at quarterly meetings (even if treated as employee compensation cost for budgeting purposes);
UAL debt needs to be “refinanced” with a municipal bond at a significantly lower interest rate;
Pass open records rules which require detailed minutes of all negotiations between city leaders and unions. Other cities and states have these laws.
Freeze any newly negotiated or council set pay increases for 5 years, until inflation and comparative CA city comp for same position catches up to what is actually being paid for existing jobs.
It seems we have 4 action items:
City council needs to report out the UAL debt amount due and interest at quarterly meetings (even if treated as employee compensation cost for budgeting purposes);
UAL debt needs to be “refinanced” with a municipal bond at a significantly lower interest rate;
Pass open records rules which require detailed minutes of all negotiations between city leaders and unions. Other cities and states have these laws.
Freeze any newly negotiated or council set pay increases for 5 years, until inflation and comparative CA city comp for same position catches up to what is actually being paid for existing jobs.
excellent distillation