US EditionFiscal follies: Now Vero owes $2M to cops’ pension fund
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Fiscal follies: Now Vero owes $2M to cops’ pension fund
Vero Beach officials boasting in a City Council meeting and on social media earlier this month of the city’s “strong and liquid” financial reserves and lack of money problems has since led the city’s own Police Pension Fund to put Vero on notice it owes it more than $2 million in overdue pension contributions, including $140,000 in interest. Since receiving that notification, City Manager Monte Falls is not being so talkative – or at least not r…
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