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PSPRS Communication Director Christian Palmer gives background during a PSPRS town hall meeting in Prescott Wednesday, July 26. (Les Stukenberg/Courier)

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PSPRS unfunded liability grows to $86.4M
Total does not reflect city’s recent payments from reserve fund

The good news: 2017 is perhaps the last year that the City of Prescott’s unfunded liability with the Public Safety Personnel Retirement System (PSPRS) will grow. The bad news: The city’s level of debt in the public safety pension system now totals about $86.4 million — up nearly $8 million from the $78.5 million liability in the previous year.

By Cindy Barks December 20, 2017
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In the eyes of opponents of Prescott’s Proposition 443, a sales tax increase will do nothing more than deal temporarily with the city’s budget issues.

By Cindy Barks July 30, 2017
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