08/27/2026
ICYMI, here's our commentary on the quiet looming crisis on how the responsibility of funding Other Post-Employment Benefits (OPEB) is impacting town budgets. This is is an excerpt from our July/August 2026 Financial Management issue of Talk of the Towns & Topics:
The State of New York, despite having a host of other reserve funds, currently does not allow towns to set aside money in a dedicated fund to cover that OPEB liability.
It has to be authorized through legislation. That's where you come in.
There's strength in numbers. We need to show a united front to bring about meaningful change in Albany to ensure that OPEB doesn't cause towns to plunge off that metaphorical fiscal cliff.