#ReadBetweenTheLines #Think 1.)Developing healthy reserves is an - TopicsExpress



          

#ReadBetweenTheLines #Think 1.)Developing healthy reserves is an important part of their plan to improve the county’s bond rating and end the annual $1 million penalty called a surveillance fee related to borrowing from the administration of Robert C. Cordaro and A.J. Munchak. Both former commissioners are imprisoned on charges they accepted bribes from companies that did work for the county. Yes they were wrong, but stop using them as scapegoats. We highly doubt none of you knew what was going on, you just didnt say anything. 2.The commissioners also talked about the yearly challenge of staying ahead of rising salary, health care and pension costs, and meeting state and federal mandates — particularly with corrections program and courts that make up 40.21 percent of the budget. The general fund expenses for 2015 are budgeted to increase 3.75 percent, from $93.8 million to $97.32 million. Lackawanna County will commit $19.68 million beyond that toward paying down its substantial debt. “Lackawanna County was never built to sustain that level of debt,” Mr. O’Brien said. “This debt will continue to strangle the taxpayers of Lackawanna County for many years. Between 2015 and 2038, Lackawanna County is currently scheduled to pay $354,295,890 in debt service, the latest county audit shows. The actual borrowed dollars total $226.11 million; the remaining $128.22 million is interest. If we are in so much debt, how can we afford to keep funding this system that doesnt work. Our system has one of the worst recidivism rates in the entire country, yet we waste all of this money to let them give themselves raises every other year and to get their family members jobs on our dime. 3.) A good portion of the debt was incurred between 2004 and 2007,” Mr. Durkin said, noting some high-profile examples were the $46 million-plus courthouse renovation project and $18 million construction of the new 911 center. What dumbass thought this was a good idea? We have no money, lets spend 46 million dollars on making our corrupt courthouse look nice. Do they need all of those statues? thetimes-tribune/news/no-tax-increase-planned-for-2015-in-lackawanna-county-1.1771556
Posted on: Wed, 26 Nov 2014 22:57:08 +0000

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