Archive for July, 2011

Four Jobs Still To Be Done

Monday, July 25th, 2011

What is left to be done at the City of Memphis after the recent budget collision?

Well the Mayor has promised to address pension and health care reform. Will he do it before or after the election? There are three high dollar saving items at the City of Memphis and one at the MLGW. Over the next two weeks I will lay these out (more…)

Posted in Financial, Pension | No Comments »

OPEB!! What Is It and What Does It Cost?

Thursday, July 14th, 2011

Whenever I talk about OPEB (other post employment benefits) people’s eyes glaze over and I start to lose their attention.

But it is important if you are concerned about millions, even billions of your tax dollars being spent on this promise.

(more…)

Posted in Financial, MLGW, OPEB | 1 Comment »

Are MLGW Healthcare Costs Too High?

Monday, July 11th, 2011

In the past I have pointed out the comparison between the active and retiree health care costs of the City of Memphis, Shelby County and the MLGW. Memphis and Shelby County are in the same ball park pricewise but (more…)

Posted in Financial, MLGW | No Comments »

Saving $92 Billion Dollars

Thursday, July 7th, 2011

This is the week that we celebrated the Declaration of Independence, July 4th. Part of that document is shown below.

We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty and the pursuit of happiness. That to secure (more…)

Posted in Financial, History | 1 Comment »