Santa Maria Sun / Opinion

Commentary

Lompoc's budget deficit is real, no matter who denies it

On May 2, 2017, City Manager Patrick Wiemiller said in a briefing to the Lompoc City Council, “The biggest financial hurdle facing Lompoc, according to staff, is the city’s obligation of about $70 million to the California Public Employees’ Retirement System, or CalPERS.” Today the deficit is well over $90 million and growing. The obligation to pay these folks, many of whom retired years ago, isn... [ Read More ]

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