Town Square

Post a New Topic

Atherton whittles down unfunded liability with portion of surplus funds

Original post made on Sep 25, 2013

Atherton's unfunded liability debt will be $2 million lighter with the City Council's decision to apply that portion of the town's $4.9 million surplus toward employee retirement obligations.

Read the full story here Web Link posted Wednesday, September 25, 2013, 5:48 PM

Comments (4)

Posted by Huh?, a resident of Atherton: other
on Sep 25, 2013 at 8:52 pm

Even Barack Obama would say that any taxes he proposes are absolutely necessary.

And now this council wants the citizens to commit to a parcel tax, a year earlier than a vote needs to be taken, when the finance committee has concluded the parcel tax is not necessary?

What hubris.


Posted by Shhhhhhsh, a resident of Atherton: Lindenwood
on Sep 26, 2013 at 12:46 pm

Keep that quiet. If word of this gets out then Atherton may not be able to continue overpaying its police officers.


Posted by Michael G. Stogner, a resident of another community
on Sep 26, 2013 at 2:32 pm

This is a good move.


Posted by Good move, a resident of Atherton: Lloyden Park
on Sep 29, 2013 at 8:52 pm

Widmer has been pushing this for three years. Paying lt liabilities is a good thing. Good for Atherton doing the right thing. Do they really a parcel tax???????


If you were a member and logged in you could track comments from this story.

Post a comment

Posting an item on Town Square is simple and requires no registration. Just complete this form and hit "submit" and your topic will appear online. Please be respectful and truthful in your postings so Town Square will continue to be a thoughtful gathering place for sharing community information and opinion. All postings are subject to our TERMS OF USE, and may be deleted if deemed inappropriate by our staff.

We prefer that you use your real name, but you may use any "member" name you wish.

Name: *

Select your neighborhood or school community: * Not sure?

Comment: *

Verification code: *
Enter the verification code exactly as shown, using capital and lowercase letters, in the multi-colored box.

*Required Fields

David's Tea: now open in downtown Palo Alto
By Elena Kadvany | 6 comments | 2,828 views

On Tour at Selective Schools: Chapman, La Verne, Redlands, Whittier
By John Raftrey and Lori McCormick | 0 comments | 1,596 views

The dress code
By Jessica T | 14 comments | 1,392 views

Anglo Menlo Park
By Paul Bendix | 0 comments | 553 views

Council election, and then some.
By Stuart Soffer | 1 comment | 323 views