4/27/2012 7:04 AM
I guess my thoughts are Dennis, why not let those elected to run the city figure their way out of the mess. Also encourage those parties the union and city officials to work together for a better outcome. I see part of what your saying but in the end in my opinion all they are is creating bitter people. What about the elected democracy? If there are issues with missing money, why haven't audits been performed? In my short time here, our city, school system, utilities have all been audited through a voter petition, the state university volunteered to be audited, and we have had many small cities audited around our area as well. Of course those are my opinions and since I'm not up there to see first hand I should probably butt out, but always a concern it could happen here.
I know I have used this example on here before, our city's police and fire pension fund, (they were the only city employees in the fund, the rest of us are in a state pension fund that is in great shape, because the politicians have kept out of it, our former governor wanted to tap into it but they didn't let him), it was in horrible shape due to a few factors, the markets had collapsed, the employees would get to draw out all they put into the system when they retired, and, the city didn't make contributions back when it was funded at 90 something percent. With this issue staring them in the face, the citizens did vote for a 1% sales tax in the city to fund the issue, it is there to be voted on every 5 years to see if it will be allowed to sunset. I think what helped it pass was a few things. The city had already created a second tier of employee, these employees would not get all the money they put into the pension fund upon retirement, both the city and employees upped their contribution levels, they actually switched new employees and put them into a comparable pension system with the state, the same as the rest of us. The union and the city both realized if they were going to get the public to support this issue they had to work together.
What's the other deal on the recall of some issues up there? I heard the republicans threw out the petitions because the wrong font was used, I understood they had more then enough signatures.
Mel
Melvin H. Waldron III, CGCS, Horton Smith Golf Course, City of Springfield/Greene County MO