GFRC’s Amanda Kass Quoted In Bloomberg News On Selling Assets For Pension Funds

private water image

Amanda Kass, associate director of the Government Finance Research Center at UIC, is quoted in a Bloomberg News story about municipalities selling assets, such as their water and sewer utilities, to private companies in order to get cash for pension funds. Kass reflects on recent attempts by Granite City, Illinois,  to address its pension payments. https://www.bloomberg.com/news/articles/2019-12-17/cash-hungry-cities-seek-buyers-for-sewer-systems-to-pay-pensions#xj4y7vzkg