DeKalb voters say pensions, youth development, and safety are top concerns for April election – Northern Public Radio

Regarding pensions, as of 2024, the city’s pension liabilities stand at over $105 million; All the property tax revenue collected by the city, $8 million, goes just towards pensions. City Manager Bill Nicklas in his budget report acknowledged it’s a hefty and growing obligation. He stated, “One truly feels that the City’s annual contribution is like paying only interest on a growing credit card debt.”