Williams: Belmont’s Unfunded Benefits Policy ‘No Longer Valid’, Town Must Restructure Debt Now

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Photo: Selectman Jim Williams. To the Belmontonian: Some supporters have related that the “Belmont Street” is critical of the ideas I have put forth around the town’s management of its unfunded benefits obligations because it’s unlikely that I’ll be living in Belmont in 2026. While I have no idea as to whether we’ll be living in […]

Selectmen Slam Williams for Contacting Investment Bank Without Board’s Knowledge

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Photo: Jim Williams (left) making his presentation to the Board of Selectmen. In a rare public scolding of a fellow board member, the colleagues of Belmont Selectman Jim Williams – Chairman Sami Baghdady and Mark Paolillo – pointedly rebuked the newly-elected member for initiating contact with a large St. Louis-based investment bank to underwrite millions […]