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The state auditor general stated recently for a city to be fiscally stable they should have a reserve (rainy day fund) of between 10 -12% of the annual budget. That means according to him, that Warwick is NOT fiscally stable. Too many benefits, too many workers, too much debt. By the way, how is it that retired firefighters get HOLIDAY PAY? Does anyone that is retired get such a ridiculous benefit?

From: Ladouceur pushes to have retirees share in health care costs

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