Consultant outlines $137 million CalPERS shortfall, urges active liability management A consultant told the Tracy Finance Committee the city faces roughly $137 million in CalPERS unfunded liabilities (73.5% funded as of 6/30/2024) and outlined strategies — prepayments, targeted layer paydowns, capital financing and eliminating negative amortization — to reduce long-term interest costs.

Tracy faces a staggering $137 million CalPERS shortfall, and experts are urging immediate action to tackle this financial challenge head-on.

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Measure B Committee pushes for funding transparency in city budget allocations Committee member advocates for clearer interest allocation from Measure B funds in budget

The Finance Committee in Tracy is taking bold steps to ensure Measure B funds are managed transparently, potentially reshaping the city's financial landscape for generations to come.

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