Tag Archives: FEMA

Oroville transfers $366,000 in Camp Fire money to Pension Stabilization Fund

5 Mar

PUBLISHED OROVILLE MERCURY NEWS:  | UPDATED: 

LETTERS TO THE EDITOR

“Let the games begin, or should I say, let the shell games continue.  On Feb. 19,  Oroville Financial Director Ruth Wright,  gave an update on Oroville’s city  budget. She caught my attention when I heard her say $366,000 in FEMA funds were applied to the “Pension Stabilization Fund.”

Oroville’s previous council decided to repurpose all “one-time money”, to this fund.  This year over $1 million was swept  away from city improvements and funneled into the  CALpers stabilization accounts.

For those that voted themselves a one percent tax increase in hopes of fewer crimes, street repairs, and clean parks, I fear you will be disappointed. It’s all about  the unsustainable CALpers fund. Oroville now has a one percent added-on sales tax plus a five percent Utility Users Tax. Look at the five utility bills you receive each month. Check out the UUT you are paying.

The city has been asked to repeal the five percent Utility Users Tax now that the one percent sales tax has passed.  City staff has recommended “no,” citing the city’s precarious financial situation. The council decided to delay that decision for a year.

I would predict there will be no repeal. The shell games will continue. The city will still be crying poor. New fees and tax proposals will be pursued. The proceeds will be used for CALpers contributions in a futile attempt to delay its inevitable collapse.

— Lorraine Christensen, Oroville”