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Cushman is not wrong. The rainy day fund does not indicate the health or fiscal stability of the city. Just because there is 22 million AS OF JUNE 30 2018, does not mean that is the balance today. And even it it was today's balance, it does not mean that the city is healthy.

Look at the unfunded liabilities and how are they going to be paid. Next year it will be worse as the balloon to fund OPEB continues to grow at a rate that is in excess of what maximum tax increases can produce.

Also, Solomon violated the city charter by transferring funds without a transfer resolution being presented to the council to be voted on. Since 95% of the city residents cant comprehend math or understand the way the city works, its easy for Jimmy and his fellow fire sloutches to try to convince them that all is rosy in Warwick.