Tag Archives: Chico bankruptcy

2015 will be the year of living dangerously, 2016 will be the year of the tax

1 Jan

You know what they say – No Rest for the Wicked! Bright and early this morning I received the agenda for the next Chico City Council meeting, available here:

http://chico-ca.granicus.com/GeneratedAgendaViewer.php?view_id=2&event_id=95

Here we have the first session of our new “fiscally responsible” council, interesting. The feature that caught my interest is at the bottom – they’re “sunshining” the proposal for the Management Employees Group. From what I can tell, this group includes “mid-level management”. This agreement does not cover the City Manager or any of the department heads, who make over $180,000 in salary and still only pay 9 percent toward their benefits.

Mid-level management employees enjoy salaries running from about $80,000 to $100,000 a year. Why they need this extra layer of fat, is beyond me. The actual “workers” get paid anywhere from $35,000 – $70,000. Why two layers of management that get paid so excessively?

And I’ll tell you what I really don’t like about these contracts – instead of reining in the salaries, they guarantee the salaries through “steps.” Just stay in that chair, don’t steal from your boss or screw  his or her spouse, and you will get a raise upon raise upon raise, within 5 years you will be making at least $100,000/year. And all your problems, healthcare and old age planning, will be taken care of by the taxpayers, who will fit you with 70 percent of that salary into perpetuity. 

If  Mark Sorensen and his fist puppets sign this contract, they’re selling us into bankruptcy. 

If you don’t believe me, read the financial reports in Item 4.1. Read it! Written so flat and boring – pay attention – this is the story of our bankruptcy – the emergency fund is empty, and there’s no money in the General Fund to pump it back up. The General Fund has been put on life support, having bottomed out the Development Fund. They’re hooking people up to an inadequate sewer system so they can steal more money from the Sewer Fund – before he was Mayor, Mark Sorensen used to complain that Ann Schwab was stealing from the Sewer Fund, but we don’t hear anything about that from him anymore.  We’re broke, but we’re still raising salaries, and hiring more people to “manage” stuff. It doesn’t seem to me that anybody is managing anything but their own bank accounts.

Happy New Year folks – hang on tight!