When Aurora , Ill. , closed its books last December , about $ 100 million disappeared from the paper ’s bottom line . The Chicago suburb of homeless people had n’t become poorer . Instead , for the first time it printed on its balance sheet the full cost of health insurance payments to public employees once they retire .
When Aurora, Ill., closed its books last December, about $150 million disappeared from the city’s bottom line. The Chicago suburb of 200,000 people hadn’t become poorer. Instead, for the first time it recorded on its balance sheet the full cost of health care promised to public employees once they retire.