Consider this scenario in a council-manager form of local government. You were hired as a professional city manager by the city council. As part of your duties, you are also responsible for balancing the budget. Each year for the past 10 years the public pension fund has been underfunded. All of the public employees are covered by a defined benefit pension plan. There are 25% of those who are between the age of 50 and 65. You realize that there will come a day when there is not going to be enough money to pay out these pensions. You want to construct a plan to insure the city will continue to pay their obligations, but provide a future option that will balance the city’s budget.
Write at least 2 short and 2 long term recommendations you would give to the town leadership? Remember: you are the city manager. But also remember, the city council hired you, and can also fire you. Your recommendations must be convincing; but keep the delicate balance between covering the city’s obligations and not running the city into bankruptcy.
Read discussion guidelines in “Instructor and Course Requirements” Folder for further details.
REMEMBER: Your posting to the question should be a minimum of 200 words. You must include 2 references in your original posting to support your perspective and list them in APA format. Your response posting does not require references.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more