Tag Archives: No on Measure K

Yes Virginia – a bond is a tax – a turd by any other name, will still stink

7 Nov

 

I have to laugh when I realize, some people do not consider a bond a tax.  They don’t see how much it adds to their cost of living.

Measure K asks $60 for every $100,000 of property valuation – with today’s home prices and the assessor jacking up evaluations for permitted work, the average house in Chico is valuated at over $300,000.  We put new siding and a new roof on our old crapper and the assessor added about $100,000 to our evaluation. 

So, that’s an average of $240 a year for the homeowner. 

The district will tell you that’s chump change, but at my house, it’s a lot of groceries. For other people, it’s trips to  restaurants and movie theaters, shopping trips to the mall. If there’s 40,000 households in the city of Chico, that would add up to a little over $9 million in discretionary spending that is about to be sponged up by the school district.

https://noonmeasurekchico.wordpress.com/2016/11/06/cato-institute-bonds-dont-magically-make-these-spending-projects-free-are-the-voters-really-dumb-enough-to-think-bonds-arent-taxes/

 

Why are we allowing Chico Unified employees to feather their own nests while facilities “are sub par”?

12 Oct

A reader responded to an old post about Measure K – read her thoughts and my response here:

https://noonmeasurekchico.wordpress.com/2016/10/12/school-district-claims-facilities-are-sub-par-why/

Why has the district allowed these facilities to deteriorate while district employees pay 10 percent or less of their pension and benefits costs? According to district finance director Kevin Bultema, 

“The employee contribution rates are as follows:

State Teachers Retirement System (STRS)            10.25% – 2% @ 60 years / 9.2% – 2% @ 62 years

Public Employees Retirement System (PERS)      7% for employees hired before 2013 / 6% for employees hired after 2013.”

Furthermore, “Administrators with a teaching credential usually participates in STRS and administrators without a teaching credential usually participates in PERS at the same rates.”

So, CUSD superintendent Kelly Staley pays 10 percent or less out of her $175,000 salary toward 70 percent of her highest year’s salary at age 60 – 62. Her package costs the district $25,000 beyond that $175,000 salary. Her total compensation amounts to five times the average family income for our city, but she stands up there and whines about rotten roofs and peeling paint. 

 I think the administration should be taken to court for embezzling funds to feather their own nests while allowing our kids to sit in this disgusting state of disgrace.