Councilman Miller, you are a courageous leader that isn't afraid to stand up for common sense. The fact that City Admin will not provide you documentation to do your job representing the people is very disturbing.
Good article, Pam.
I don't believe a word Bach says. Oh, he promised the State their money will be used as intended. Oh, yeah, didn't he say the PPRTA promise to fund was not legally enforceable. His credibility is at an all time low and declining...
@ UCanSeeClearlyNow, pensions are a hot topic. The governor pointed out many years ago that you can go ahead and get rid of PERA and people can use their 401s for retirement but look how much people lost in the 401s when the market tanked. The aging population will need to be provided for one way or the other. They can earn a retirement (which they are contributing half the cost with benefit cuts) or they can get food assistance and other subsidies because they can't make it on their own. This nation has a very low percent of people who save for retirement in general. We're headed for more issues in the future on providing for the aging population. Retirement benefits get recirculated in the local economy boosting jobs and taxes. Pay will increase as a result because people will want more money as benefits are a factor in wage studies.
What a slap in the face to readvertise for this position and not giving it back to him. Tacky, unethical....are we really going to treat people like this? The Mayor thinks it is and that tells a lot of the Mayor's character. My heart goes out to Culpepper and his family for being victims of this administration. He needs a job and I wish I had one for him.
Jan Martin says they had the foresight to set money aside. Wasn't that ordered by the court after PERA asked the court to reserve the amount of the liability - $259 mil? That's a reality spin by Martin to take credit for her foresight.
Is it a new tax if the sales tax revenue collected in those areas goes to pay for the development? That's call a TIF - tax incremental financing. The city calculates the amount collected from the development area and pays that to the URA (Urban Renewal Authority). In return, URA pays the bond debt. No new taxes doesn't mean tax money will not be diverted from taxpayers to pay for this. Ask the city. It's true.
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