Archive for July, 2010

What You Need to Know About OPEB

Friday, July 23rd, 2010

In case you do not read the Memphis Flyer, there is an article in this week’s issue that I wrote about the MLGW and the millions of your utility dollars that they have spent on pension and mainly on funding their OPEB (Other Post Employment Benefits which is retiree health care costs). An interesting (more…)

The Truth about Benefits and Pensions in Tennessee

Monday, July 19th, 2010

I have been contemplating this subject for some time as have many of you. I have been reading, calling, investigating and comparing Memphis, Shelby County and the MLGW with Nashville, Knoxville, Chattanooga, Davidson (more…)

Tranparency at the Memphis City Schools

Tuesday, July 13th, 2010

Open records requests to local government, while not perfect, has improved greatly in recent years. It used to be that you had to trudge down to City Hall or to the MLGW building to get printed copies of documents (more…)

Preliminary Thoughts on the Bass Pro Contract

Wednesday, July 7th, 2010

I had a quiet July 4th weekend and I spent part of it reading through the newly posted preliminary contract. I asked some associates and readers to give me their thoughts on the terms of the contract. Here are their thoughts along with some of mine which are posted as sticky notes on the attached (more…)

The Beale Street Final and Costly Solution

Monday, July 5th, 2010

As I read through the final agreement between the City of Memphis and John Elkington, see attached, I am amazed by the terms. Consider the income stream that Performa gets for the next 22 years.