Chico Finance Committee will have an OPEN MEETING tomorrow – sewer rate increase, sales tax increase, CalPERS pension debt update

22 Feb

Wow – tomorrow the city of Chico is having an OPEN MEETING! I feel like I’m waking up from a bad dream. Just last week I sent a note to my district representative, Worthless Reynolds, asking her why she had agreed to chair a CLOSED Internal Affairs Commission meeting AFTER THE STATE MANDATE HAD BEEN DROPPED. She never got back to me.

So gee, it was a big surprise to get this agenda from the clerk.

https://chico.ca.us/sites/main/files/file-attachments/2.23.22_fc_agenda_packet.pdf?1645208231

And wow, here it is: “The agenda is also attached.  Please note this meeting is being held in person at the Council Chamber Building… ” I just about crapped myself with glee.

And just in time for some stuff that needs to be discussed with the public in attendance – a sewer rate analysis, a presentation from the consultant who is going to run the tax increase campaign, and a “CalPERS costs update”.

The sewer rate analysis is the beginning of a rate increase(s) for those of you on sewer. The city has been eeking up the sewer rates eversince Dan Nguyen-tan, Scott Gruendl, and Colleen Jarvis were on council. Staff complains they don’t get enough money to properly maintain the sewer – actually, the problem, according to people like former city council member Mark Sorensen, is that the sewer fund has been “dipped into” to pay salaries and pensions that don’t have anything to do with the sewer system. That’s called “allocation” – just type that, or “Chad Wolford”, into the search bar at the upper right of the blog and you’ll see I’ve written a lot about that here.

They’re going to tell us it’s because the sewer is over-whelmed – that is a lie. During the Paradise evacuation, they told us the sewer was running at less than half capacity, but still tried to say the evacuees were overwhelming it. Keep an eye on this conversation, it’s going to be full of shit.

Then we’ll hear from consultants Clifford Moss about their “PUBLIC ENGAGEMENT STRATEGY” regarding the sales tax increase measure. Meaning, the pitch they will give us to make us want to raise our own taxes. Please note – this is being done with $91,000 in taxpayer money. The irony is so rich it’s giving me the farts.

And then, the piece de resistance – finance department staffer Barbara Martin will give us the most recent “actuarial report released by CalPERS, the results of the recent Asset Liability Management (ALM) process CalPERS completed and steps that have been taken to manage costs.” This is important, because this is the reason for both the sewer rate and sales tax rate increases. Here’s the report from CalPERS. There are several videos here, if you really want to see why Chico is turning into a total shithole, watch this. There will be a quiz.

https://www.calpers.ca.gov/page/about/organization/facts-at-a-glance/asset-liability-management

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