Thursday, May 19, 2011

Hollywood (FL) Declares "Financial Urgency"

The [City] Commission unanimously voted to declare the city under “financial urgency,’’ which will allow it to enter into discussions with city labor unions to renegotiate pensions and collective bargaining agreements.

Matthew Lalla, the city’s director of financial services, said the problem’s largest source is a legacy of prior pension and collective bargaining agreements with city employees including fire and police.

-From this morning's Miami Herald

Credit the city's leaders with leaving the back door open to renegotiate those union obligations. Will the courts uphold that escape clause?

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