Yep, the looting of the public treasury continues, secured by the collateral of your family home, your car, your business, and everything else they can think to seize to make good the promises of people who never had to pay the bill in the first place.
Every city budget should run exactly one year with the only liabilities at the end being bonded debt used for construction of city projects. End all benefits for all government employees - give them a set salary, let them buy whatever they wish with their money - health insurance, pensions, sick days, family leave, whatever.
Yes. Absolutely.