Nearly a decade ago, a pension crisis in the police and fire retirement system put Dallas in a precarious financial position, making the city a national cautionary tale. The city’s worst years in the past decade were 2016 and 2017, when Dallas had a $528 million deficit amid an exodus of police officers stemming from the pension crisis. Thirty-two year old Matthan Lough of Crandall was arrested last week after Mesquite police obtained a warrant on child grooming charges after investigators received a report in October about possible child grooming at the Christian Center of Mesquite. Lough worked as a teacher and coach at Pioneer Technology and Arts Academy, a charter school, in Mesquite; an office tower in Dallas’ Arts District has traded to a new owner. An affiliate of TRT Holdings, a Dallas-based investment firm that owns the luxury Omni Hotels & Resorts chain, purchased St. Paul Place from Pacific Elm Properties.
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The Dallas Morning News

The Dallas Morning News

Dallas’ finances have come into question in recent years. Is the city in trouble? ... and more news

DEC 17, 20256 MIN
The Dallas Morning News

Dallas’ finances have come into question in recent years. Is the city in trouble? ... and more news

DEC 17, 20256 MIN

Description

Nearly a decade ago, a pension crisis in the police and fire retirement system put Dallas in a precarious financial position, making the city a national cautionary tale. The city’s worst years in the past decade were 2016 and 2017, when Dallas had a $528 million deficit amid an exodus of police officers stemming from the pension crisis. Thirty-two year old Matthan Lough of Crandall was arrested last week after Mesquite police obtained a warrant on child grooming charges after investigators received a report in October about possible child grooming at the Christian Center of Mesquite. Lough worked as a teacher and coach at Pioneer Technology and Arts Academy, a charter school, in Mesquite; an office tower in Dallas’ Arts District has traded to a new owner. An affiliate of TRT Holdings, a Dallas-based investment firm that owns the luxury Omni Hotels & Resorts chain, purchased St. Paul Place from Pacific Elm Properties. Learn more about your ad choices. Visit podcastchoices.com/adchoices