Team Mulligan leader Warner Mendenhall's comment to last week's post about the recall warrants special attention. Quoth he:
- My opinion is based on knowledge of the city's current and future liabilities. The expert failed to include about $500 million in liabilities that are coming due--Sewers and Retiree Health Care. When those future, but imminent, debts are accounted for we are bankrupt.
The expert is only as good as the information he is given to review. The input from the City was junk. The expert never called Change Akron Now to become informed about what our concerns are.
The Bond ratings companies are similarly kept in the dark about these liabilities and property values. (the median sale price of houses in Akron fell 50% over last year).
Entertaining the possibility that Mendenhall knows something I don't, I contacted the city and confirmed the above. The city does not have an imminent legacy cost liability.
And so it goes with Team Mulligan. Aside from the conceded fact that the Mayor can be a piece of work, they've been consistently wrong in their critcisms of the city government.