I would like the Council to commit to a budgetary program which would reduce the unfunded, employee-related liabilities (pension
and other) to ZERO by a certain point in time....say, 5 or certainly no longer than 10 years. In "my world", it would be the first
line item in each year's budget.
We residents of Menlo Park have been enjoying the many services the City has provided, but not paying the full cost of these
services....some future residents will have to make up the shortfall. I have lived in Menlo Park for more than 42 years and would
like to start NOW to help repay for my share some of some of these unfunded costs.
Maybe another way to handle these liabilities, would be to bill each resident when they leave the city, for their share of costs
for the time they have lived here!!🤔
Thanks for "listening".
William Brown1220 Cotton Street
