Joe Nation Report To Mesa Water Monday
At the meeting at the Mesa Water District Tuesday afternoon, consultant Joe Nation was supposed to present some pension numbers to the Mesa Board that look very favorable. You can find the graphics from his presentation HERE. I did not attend the meeting, nor have I had any first person reports from the site, but I can share with you my observations of the information Nation was going to use.
APPLES AND ORANGES
GOOD NUMBERS - NOT A GOOD COMPARISON
Don't interpret my comments as a denigration of the position Mesa Water finds itself in.. the numbers are good, especially when compared to municipalities that can't simply vote to raise rates to cover budget shortfalls, including pension payments.