Oops, city pensions lost another $40M

At its committee meetings last week, City Finance Director Dick Barker told the Pensacola City Council that the city pension funds have lost about another $40M in value since Sept. 30, 2008.

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Author: Rick Outzen

Rick Outzen is the publisher/owner of Pensacola Inweekly. He has been profiled in The New York Times and featured in several True Crime documentaries. Rick also is the author of the award-winning Walker Holmes thrillers. His latest nonfiction book is “Right Idea, Right Time: The Fight for Pensacola’s Maritime Park.”