Editor, Townsman:

I encourage everyone to get very familiar with the Integrated Financing Plan report ahead of the coming Town Meeting vote. And tell your friends and neighbors.

This is an excellent plan for responsibly filling the huge pension hole Andover has already dug, plus, of course, getting some seriously needed school construction done.

What remains unclear is how we avoid repeating the funding mistakes of the past. How can we see that all funds necessary to fund all future pension costs will be provided within each and every future town and school operating budget?

It is not yet clear to me that the cost of personnel and benefits in the operating budgets conservatively funds all newly or additionally created pension obligations and other post-employment benefits. For more information: https://andoverma.gov/929/Integrated-Financing-Plan-Presentation-S

Kevin Coffey



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