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Interesting. Moody's just issued a "NEGATIVE" outlook regarding Warwick's financial viability. One of the reasons stated being the continued underfunding of the locally administered pension plan - Police and Fire 1. Oh, wait a minute, there must be something wrong here, didn't the Mayor just highlight how well the city is doing by proclaiming he had just received an "Unqualified Audit Report"? This should show everyone, employees, retirees, and property owners, that they have to pay attention and question this administration regarding how it is handling the finances of this city. Hiding the huge unfunded liabilities that this city faces will back fire. Putting the information on a web site is NOT LEADERSHIP and DOES NOT face or set a different course for this city.

From: Sparks fly even before actuary reviews pension plans

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