Will Dallas’ police pension problems crowd out spending on streets, parks and libraries?
MARCH 10, 2017
Booming Dallas has something to worry about: a pension contagion.
The local economy has stormed back from the recession, and Dallas has grown its tax base for five consecutive years. In fiscal 2017, it grew an impressive 10 percent, outpacing the rate of many neighboring cities.
But the escalating financial problems at the Dallas Police and Fire Pension System are threatening that momentum.