The draft of a letter Ohio Auditor Dave Yost apparently plans to send to Cincinnati city officials says that they should consider using the "bulk" of the $92 million in up-front money from the parking lease agreement to help bolster the city's troubled pension system.
City council recently received a report saying the unfunded liability of the pension system had grown by another $133 million last year.
Update 6/5/2013 at 10:20 am: Documents received from the city show the pension system's unfunded actuarial accrued liability as of 12/31/2012 was $862,122,656. That compares with the unfunded actuarial accrued liability as of 12/31/2011 of $728,428,380. That means the unfunded balance increased by more than $133 million during that time.