Friday, April 7, 2017

Pasadena: Estimated $1.5 billion pension debt; City employees earn 131% (median) more than residents; 69% of full-time employees earn over $100,000/year.

Mod: The following comes to us from the California Tax Limitation Committee, a quite conservative organization that seeks to limit the size of government and slash taxes. Here is a portion of what they sent out yesterday in the form of an e-mail.

Shocking Pasadena Budget Highlights: Estimated $1.5 billion pension debt; City employees earn 131% (median) more than residents; 69% of full-time employees earn over $100,000/year. Pasadena is sitting on a ticking time-bomb of catastrophic debt and unsustainable spending and taxation. These are the most critical issues in this upcoming election.

We are currently preparing for a 2018 statewide initiative for California pension reform which will put all future public employees into 401(k) retirement plans and into the social security system.

A recent review of the Pasadena City budget, salaries and pension debt (see facts and solutions below) tell us all we need to know about the City's municipal crisis.

There are two candidates, incumbent Andy Wilson and newcomer Phil Hosp, who are in a run-off election in District 7 slated for April 18th.

Visit their websites and address your questions directly to them over the coming days to determine for yourselves which candidate is going to be most capable of taking on these dire issues.

We've heard good words that the new mayor, Terry Tornek, is making an effort to address the fiscal crisis facing Pasadena. Stay tuned as we learn more about this over the coming year.  Let's take this opportunity to work with our City Council and get our finances in order.

FACTS AND SOLUTIONS

I.   City Employee Salaries & Benefits 2011 to 2015
TransparentCalifornia.com (link)
Median pay for full-time city employees has risen 12% from $82,439 to $91,910.
Median pay and benefits for full-time city employees has risen 13% from
$110,530 to $124,736.
Meanwhile in 2015, full-time city employees earned 131% more than full-time employed residents:
City employees:  $124,736
Pasadena residents:  $53,916

Total city overtime pay has risen 38% since 2011:
2011 - $14.6 million
2012 - $14.9 million
2013 - $15.6 million
2014 - $18.7 million
2015 - $20.1 million

II.  The City is in Debt
Stanford Institute for Economic Policy Research (link)

Under the California pension system, taxpayers are obligated to continue paying city employees up to 90% of their salaries for the rest of their lives after they retire.  Consequently, the City has accumulated a catastrophic pension debt.

As of 2015:
CalPERS (the California pension system) says Pasadena taxpayers owe $377.4 million.  This is bad enough, however . . . .

Stanford Institute for Economic Policy Research estimates the debt to actually be closer to $1.5 billion (and growing).

III.  City Budget Facts 2011 - 2015 According to the Adopted Budgets
as reported in the Adopted Budgets on City website

Year after year, tax revenues increase steadily while the City continues to increase total spending, give lavish raises to city employees and to accrue more and more pension debt.  Yet so often the City claims to be facing "budget shortfalls" and reaches deeper and deeper into the pockets of taxpayers.  The City does not have a revenue problem, it has an spending problem.

Over the last ten years since 2006:
General Fund revenues are up 23% from $182.7 million to $224.2 million

General Fund expenditures are up 14% from $193.2 million to $219.8 million

Total revenues are up 22% from $583.6 million to $713.4 million

Total spending is up 6%
from $651.2 million to $690.5 million

There have been large budget surpluses since 2011:
2011 - $50.2 million
2012 - $57 million
2013 - $40.9 million
2014 - $11.4 million
2015 - $69 million
2016 - $22.9 million

IV.  2015 Highlights of City Employee Salaries over $90,000
TransparentCalifornia.com

Sampling of Highest Pay & Benefits 2015

Out of 1,455 full-time city employees, 69% make over $100,000 a year:
782 city employees earned between $100,000 and $200,000
221 city employees earned between $200,000 and $300,000
7 city employees earned over $300,000
City Manager -  $394,271
City Attorney - $319,590
Assistant City Manager I - $317,670
Assistant City Manager II - $306,441
Chief Information Officer - $274,532
City Engineer - $269,612
Director of Planning & Development - $264,554
Director of Transportation - $264,225
Director of Library and Information Services - $259,794
Assistant General Manager Water & Power - $253,934
Engineering Manager - $253,501

Mod: We will have the numbers for Sierra Madre and Arcadia soon.

sierramadretattler.blogspot.com

57 comments:

  1. I did not vote for KamalaApril 7, 2017 at 4:05 AM

    Hey Mod, check out the LA Times pension article posted a bit ago. Goes well with this article.

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  2. Pasadena needs to raise taxes so they can save their Library! (*just kidding*)

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  3. The purpose of the California Tax Limitation comittee is to run uions out of money so they won't support "liberal" candidates with their funds. They tried this in Arcadia last year and discoved that the unions there did not support liberals at all. When the citizens of Arcadia found out what this tax limitation gtoup was really about they lost most of their support. Their message, that unions support liberals, is a lie.

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    Replies
    1. So much for the messenger. What do you think of the $1.5 billion dollar debt figure, which comes to us from Stanford.

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    2. Stanford Business School wouldn't want all that work, and the work of all cities, to be outsourced to private businesses that charge more than it costs public workers to do, pay dirt wages and no benefits to the businesses' employees, and concentrate the tax dollars into the pockets of the business owners, would it?

      No, Stanford, Cal Tax Limitation Committee, and Transparent CA would never, never, ever consider or want something like that. Never ever!

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    3. The city employees of Pasadena are waaaaay overpaid. It is driving that city into bankruptcy.

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  4. Pat Robertson Is Being Dominated By Homosexuals - Pat Robertson believes he is being dominated by homosexuals...
    http://www.patheos.com/blogs/progressivesecularhumanist/2017/04/pat-robertson-complains-dominated-homosexuals/

    ReplyDelete
    Replies
    1. Have his prayers finally been answered?

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    2. He always likes to put up a fight. At least in the beginning.

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  5. Why didn't Sierra Madre get this one?April 7, 2017 at 7:00 AM

    Breaking: There Is A Hello Kitty Cafe Opening In Arcadia Tomorrow
    http://laist.com/2017/04/06/hello_kitty.php

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    Replies
    1. Once again the Chamber missed the boat.

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  6. Donald Trump, who's totally not Vladimir Putin's puppet, warned Russia before airstrikes on Syria
    It turns out that President Donald Trump gave a heads up to the Russian government before launching his missile strike against Syria on Thursday night.
    Russian forces were notified in advance of the strike using the established deconfliction line, said Pentagon spokesman Captain Jeff Davis in an official statement. U.S. military planners took precautions to minimize risk to Russian or Syrian personnel located at the airfield.
    In response to the attack, Russia has announced that it will help Syria strengthen its air defenses. It also may have prepared Syrians for the attack by tipping them off, as eyewitnesses observed personnel and equipment being moved from the Shayrat airbase in advance of the attack.
    The authoritarian state expressed predictable displeasure with Trumps decision. Although Syria has been under intense criticism for using chemical weapons against its own citizens, Syrian dictator Bashar al-Assad has a close alliance with Russias own leader, Vladimir Putin.
    http://www.salon.com/2017/04/07/donald-trump-whos-not-vladimir-putins-puppet-warned-russia-before-airstrikes-on-syria/

    ReplyDelete
    Replies
    1. ***OFFICIAL STATEMENT FROM PENTAGON***: "RUSSIA WAS NOTIFIED OF STRIKE BEFOREHAND !!"

      https://www.defense.gov/News/News-Releases/News-Release-View/Article/1144598/statement-from-pentagon-spokesman-capt-jeff-davis-on-us-strike-in-syria

      Russian forces were notified in advance of the strike using the established deconfliction line. U.S. military planners took precautions to minimize risk to Russian or Syrian personnel located at the airfield.

      Soooooooo just to recap

      Americans - didn't know of strike
      Congress - didn't know of strike
      Allies - didn't know of strike

      Russia - was "notified" to minimize Risk to Russia and Syrian personnel

      Because Benedict Donald loves America?

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    2. Trump bombed an empty air base.

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    3. He'd bomb his parents' graves if it would fix his poll numbers.

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  7. How did these pension disasters come about in the first place? Wasn't anyone minding the store?

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    Replies
    1. In a lot of cities the people making the decisions were also the people who would financially benefit. It is corruption, after all.

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  8. Conservatives to the rescue. Finally in 2018, citizens will have a real chance to change CalPERS. I will be voting for California Pension Reform.
    Californians are being taxed, beyond the breaking point.
    There are recall Jerry Brown petitions being circulated on line; "we" just got the Gas Tax gift from Jerry.
    Thanks Tattler, on your research and article today.

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  9. 7:24am. Don't be to sure about Congress not knowing, the Senators get kinda fuzzy when recalling what was voted on in the past, "they" don't read before passing, for example; War Ratifying clearance from Congress.
    Heads up to Russia and Syrian airfield a few hours before strike, so that (if they were wise), planes and personal would move out of strike range.

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  10. Historic moment in Senate. Supreme Court Judge Neil Gorsuch to take the seat left vacant.

    ReplyDelete
    Replies
    1. Maybe he can help Pat Robertson escape his domination by gays.

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    2. The big question now is whether Pat likes it.

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  11. I've seen cans getting kicked around Pasadena for decades, still happening, as long as everyone still receiving a paycheck every two weeks, and the retired folks still get their pension checks in the mail, cans will get kicked.

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    Replies
    1. Are there any taxes left in Pasadena that can be raised?

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  12. 6:48am. Laugh of the day.
    Unions support Liberal Canadates.
    OF COURSE THEY DO/Show me the money.

    ReplyDelete
    Replies
    1. Depends on who is running the state.

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    2. 9:39,qualify that statement.

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    3. I resemble that.

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    4. That's what I thought 9:39. No facts just blah!

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  13. Trump in bed with Putin and the Russian oligarchs. ✔️
    Udey Trump states Trump organization sees "a lot of money pouring in from Russia." ✔️
    Putin helps Trump get elected. ✔️
    Putin helping Assad crush Syrian rebels. ✔️
    FBI and Senate Intelligence Committee investigating Trump's ties to Russia. ✔️
    Trump National Security Advisor seeks immunity re Russia ties. ✔️
    Investigations bad for Trump, Putin, and oligarchs. ✔️
    Military actions sometimes used to distract people from scandals. ✔️
    U.S. will act if chemical weapons used anywhere on Earth. ✔️
    Putin puppet Assad uses chemical weapons against Syrian rebels. ✔️
    Trump rattles saber signaling imminent military action. ✔️
    Trump administration discusses U.S. attack plan with Putin administration. ✔️
    Putin removes forces from Syrian airbase Trump targets. ✔️
    Trump orders attack on Syrian airbase. ✔️
    Media discusses attack 24/7. ✔️
    Putin-Trump distraction campaign operating as planned. ✔️

    ReplyDelete
    Replies
    1. 9:47am. Thanks, the laughs keep coming...
      You think Putin is Trumps puppet now?

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    2. You kidding? Putin was the only guy he told that the raid was going to happen.

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    3. Not sure how you divined that 10:16. It's perfectly clear that both Trump and Assad are Putin's puppets. Neither Assad nor Trump could have waged their respective attacks without the Kremlin's approval.

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    4. Like the skilled puppet master he is, Big Vlad has got to take care of his assets.

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    5. His biggest asset is also the biggest ass.

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  14. Good job on those big check marks !!!

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  15. Something doesn't jibe here: Putin supports Assad, Trump fires Tomahawks against Assad. Does Putin shrug his shoulders and say to Assad "well you know how loopy Trump is, anybody hurt?" Who is allied with whom?

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    Replies
    1. The bigger question is why was Putin informed ahead of time and Congress wasn't. The Russians told Assad meaning Trump bombed an empty airport.

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    2. Putin and Trump both need to distract from their collusion. This is all a set up.

      Assad would never use chemicals with Russia in Syria and risk losing Putin's support without Putin's blessing. Likewise, Trump would never risk killing Russians or upsetting Putin by bombing Syria without Putin's support.

      Trump gave Putin a heads up on when the US attack was ready to go. Look how it has knocked Putin-Trump collusion out of news. All according to plan.

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    3. Trump already guilty of killing innocent children in the Middle East. This is definitely a distraction. It will cause more terrorism

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    4. 2:04pm I'm not sure you understand why radical terrorists attack us. It's not because of any insult or previous attack. They hate our culture and us, we are infidels and cannot be allowed to live. They cannot be reasoned with, made into allies or pacified. They see your sympathy and compromises as weakness. They only understand and respect strength. While you are trying to placate them, they are planning their next attack.

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    5. 2:04pm I'm not sure you understand why radical terrorists attack us. It's not because of any insult or previous attack. They hate our culture and us, we are infidels and cannot be allowed to live. They cannot be reasoned with, made into allies or pacified. They see your sympathy and compromises as weakness. They only understand and respect strength. While you are trying to placate them, they are planning their next attack.

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    6. 3:22 your argument is complete BA- they attack us because our radicalized military and economic foreign policy increases their suffering for our gain. Otherwise why bother to fly over here and attack such a heavily defended country? They could blow up all of Africa right next door. Or China. Or Iceland. Iceland doesn't even have an army.

      The truth is hundreds of years of colonialism and economic exploitation causes their radicalism.

      You know this. Just too afraid to admit. Because you live in the matrix

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    7. 5:31, Neo here. Thank you for awarding me my second bachelors deegree "BA." You are so far off base you're not even in the ballpark. Do you think they're killing each other and blowing themselves up because we are buying oil from them. You need to look into their philosophy about Jihad (holy war). With the U.S. still a world power they cannot have paradise on earth. We are the enemy of the their religion and culture. This has nothing to do with "colonialism" or "radical" military action. You need to educate yourself about this before you embarrass yourself again.

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    8. 3:22 & 5:31. You're both wrong because you're both right--your positions are not mutually exclusive.

      The problem = (1) energy based economic issues + (2) radical religious beliefs.

      The solution begins with solving (1) via wind (variable) and solar (1.366 kilowatts per square meter).

      Use scientific methods to solve (1) and the market, through privation experienced by former energy supplier, will, after a last gasp of radicalism, solve the bronze age beliefs inherent in (2).

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    9. Simple solution- get out of the Middle East. Stop bombing, overthrowing governments, propping up dictator, trading arms, exploiting resources and populations. This is what radicalized the oppressed.

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    10. Going into the Middle East is exactly like poking your fingers into a hornet's nest.

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  16. The Congress appears to be empty, any correlation? Could be "he" told Congress, but they were arguing about the Nuclear Option and Putin was napping, he just happened to answer the phone call at 3am!

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    Replies
    1. Don't be an idiot.

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  17. Governor Jerry Brown decreed the drought is over.....
    Anyone else think that he's planned this to grab thoses extra tax dollars for his new gas tax?

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    Replies
    1. Wonder if the Sierra Madre city council might want to stop fining people for 10 times what the water is worth.

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  18. The reservoirs were rebuilt, Sierra Madre should be able ro take on more water storage now that the Governor declared California drought free.

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  19. 5:31pm. Again...
    your medication will only make a difference if you follow your doctors orders.

    ReplyDelete
    Replies
    1. Good to see you're taking his advice.

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  20. We should not be fined for using water in reasonable amounts (restrictions to October of 2013 allotments is idiotic)... to keep trees alive (for their environmental contributions), to bathe, do laundry, cook and wash dishes.

    It would still be a goal to retrofit houses with gray water for flusing toilets (flushing toilets with drinking water is the ultiment offense) and ditch the green lawns for beautiful native, drough adapted plants. You can think of other water conservation habits that we followed and should continue to do so.

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  21. Bush's financial melt down really hurt our pensions. The banks of course got government handouts. So now republicans are back in office. What do we get? Attacks on Medicare, social security, meals on wheels, big pharma out of control. What do banks get? Top level cabinet positions. What could go wrong?

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