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Courage from the Chairman of the CommissionersHaving a overall distrust of all elected officers, I found it refreshing reading the link below where Chairman Smith answered the charges being made about the county's budget. It's sad that almost every bullet point on Dunn's mailout is either false or extremely misleading. As someone who makes a living in the field of finance, I work with Defined Contribution and Defined Benefit Plans and, in Fayette's case, the DB plan will result in about $500,000 less in expense for the county. This has been verified by not one, but two, independent actuaries with the chance close to zero of the county EVER paying as much as they are under the present plan. Although I have some problems with Maxwell and Frady, this commission has, in their first year, saved the county over a million dollars by dumping overBill McNally (~$145,000 savings) and simply getting a new quote on health insurance (~$750,000 savings). Wonder why the Dunn/Wells/Peter regime never quoted the insurance each year? In the current year, about $250,000 has been saved by re-quoting the P&C insurance coverage. I find it nothing less than vengeful that, after losing the election in November, the Dunn/Wells/Peter regime changed Chris Venice's contract to continue her health insurance coverage until she reaches the age that qualifies for Medicare!! I don't have the exact numbers, but Chris is now an employee of Tyrone, yet the Fayette taxpayers will be paying an estimated $10-12,000 per year for the next 10-12 years for her insurance! The list goes on and on, but you can read the factual details at this website. Paul Perkins's blog | login to post comments |