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Steve I will tell you why. From 2004 - 2014 new tax dollars allocated to the city budget was $29,051,626.
Retireed employee expenses took $14,904,403 or 51.3 percent of that money
Active employee benefit expenses took $13,315,757 or 45.8 percent of that money
All other programs and services in the city budget took $831,466 or 2.9 percent of that money.
That's why ----
there is no money for new firefighting equipment
there is no money to repair our pot hole filled dangerous roads (Mayor's plan float 15- 20 year bonds to pave roads that will last 10 years)
there is no money for elderly programs and programs for the needy
there is no money for after school youth programs
there is no money to make schools fire safety compliant and fix leaking roofs
there is no money to repair our recreational areas
there is no money for employee raises
there is not enough money to balance the budget, hence dipping into the rainy day fund for $3.6 million when no one is getting a raise
It's not going to get better. Why, for example we plan on spending over $314,000,000 (million) in the next 14 year on 1 pension plan to reduce the accued liability by $4.6 million leaving $229,000,000 in unfunded liability.
We don't even know how much new money will be needed to cover all the other pension plans and lidetime healthcare costs because the mayor doesn't want the experts to calculate and disclose those numbers.
Well finally we can all see that the Emperor (Mayor Scott Avedisian) has no clothes on. His fiscal policies have and continue to decive, continue to drive the city deeper and deeper into debt, continue to hurt our employees and now are
POSING A RISK TO THE SAFETY OF THE GENERAL PUBLIC.
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