To the Editor:
Recently, the Trumbull Town Council approved an ordinance that requires Trumbull to fund its pension obligations to the annual required contribution (ARC). This ordinance allows for the Board of Finance and the Trumbull Town Council to override this provision, under exigent circumstances. Long term, this ordinance will positively impact the town’s credit rating. As we undertake needed capital upgrades to our schools and municipal buildings, an improved credit rating will allow us to save millions of dollars for taxpayers over the next several decades while making needed repairs and investments to our schools and our infrastructure.