Archive for April, 2016

Brilliant At The Basics

Monday, April 25th, 2016

April 25, 2016

Brilliant At The Basics

Our new Mayor has come out with his proposed 2017 City budget. I have not had a chance to study it closely yet but I will in the next few weeks. However a recent open records request confirmed what I suspected was happening.

Read the CA article of April 7, 2015. In a CA article (April 7, 2015) our present Mayor Strickland questioned the possibility of Sammons doubling his City pension. In my recent open records request to the City of Memphis I asked for current pension payments to retired City of Memphis employees. I wanted to compare the current pensions to past pensions. Sure enough there was Jack Sammons receiving an annual pension of $68,457.36, up from his previous pension of $34,960.56. Doubled!!!

How has this happened? Apparently there is a provision in the City of Memphis pension ordinance that allows the pension to be recalculated based on the highest 12 month salary overturning any fiscally responsible actuarial calculations. This is a public employee scam that needs to be corrected.  Here is what is done at the County government. Plan A and Plan C both compute pensions based on the employee’s highest 36 consecutive months of earnings.  The new Plan D computes pensions based on the highest 60 consecutive months of earnings. Plan D was effective July 1, 2011 and has proven to be a less costly plan because of the earnings calculation plus the lower years of service multiplier and the retirement age requirement.

Then there is he abuse of the City of Memphis pension board of LINE OF DUTY DISABILITY. This is costing the City up to $14 million per year. The rate of line of duty disability approval at the City is ten time higher per active employee than the MLGW and Shelby County Government. These built in actuarially unsound pension provisions need to be changed as part of the Brilliant Basics.

 

 

My Memphis Airport Experience

Monday, April 18th, 2016

April 18, 2016

My Memphis Airport Experience

I am not a fan of current airplane travel experiences. Let me count the ways.

My wife and I recently completed a trip from Memphis to San Francisco to visit my daughter, son in law and grandson. I looked on line and booked a flight out to SFO on United Airlines with a connection in Denver. The flight left Memphis at 7:16 AM so we got up about 4:30 to do all those things necessary before driving to the airport. We got to the airport about 6 AM to proceed through security. Before security I took everything out of my pockets except my driver’s license and boarding pass. I was allowed to keep on my belt and my shoes. The flight was pleasant enough considering the reduced space between seats. We were not seated across from the airplane Outhouse thank goodness. The connection flight to San Francisco was on time and we arrived in SFO about noon. Getting the rental car in SFO is a trial as you have to take the Air Train and then track down the agent and car.

The stay in Sebastopol in Sonoma was wonderful and we enjoyed three nights there. Then the trek back home. Another night near the SFO airport and then back to turn in the car after getting the luggage checked in. The return flight was on American thru Dallas. Again the seat spacing was even tighter. The flight from San Francisco to Dallas was late and we had to rush from Terminal A to C in Dallas on the air train and just made it late in the boarding process. The flight to Memphis was OK except the last 15 minutes was very bumpy due to thunderstorms.

The arrival was at 10 PM and by the time we got to the luggage area all the free carts were gone to other folks. I went and got the car from the long term parking garage and was expecting to pay $6 per day but was surprised at the bill for $15 per day or $75.00 total. I objected but my protests fell on deaf ears.

Two days later I went back to the airport to check out the signage about parking rates and directions. I now know that I misread these two signs. I went straight ahead instead of a sharp left turn. Later I went to the airport website and sure enough the explanation was there. I wonder how many of you readers have made my mistake.

I have attached some pictures that show the signs as you navigate the directions to the massive parking garage. My mistake was proceeding straight ahead instead of making a quick left turn. Sorry fellow, that will be $45 extra. Has anyone else out there made the same mistake?

I have wondered in the past how the Airport Authority justified the huge cost for the parking garage which ruined the view of the beautiful airport building and put all the Park-Ride and Fly people out of business. Then I wondered about the recent CA story of two Vice Presidents at the Airport Authority leaving and getting paid. One oversaw airport concession agreements, parking and rental cars, disadvantaged and minority business programs, contract compliance and leasing of airport-owned properties. Both were being paid $191,000 per year. Interesting. What has been your airport experience? I would like to know.

Further Info On The Memphis HEHFB Controversy

Wednesday, April 13th, 2016

April 13, 2016

Further Info On The Memphis HEHFB Controversy

I recently reported on the two Health Education & Housing Facility Boards, one from the City of Memphis and one from Shelby County. One is apparently well run and the other has had its’ authority temporarily suspended by the Tennessee Housing and Development Agency because of problem with properties run by Global Ministries.

 

I have attended two meeting of the Memphis board. The first one was not a regular monthly board meeting, but a reading of a proposed bond issue by Charles Carpenter, the board attorney. After the formal reading, I asked a few questions concerning transparency and open records and did not get a lot of information.

 

The second meeting, which was a regular monthly meeting, was attended by Channel 3, the Commercial Appeal, several business interests and myself. The only person, other than the business interests, to ask questions was myself. Before the start of the meeting, I asked the secretary for an agenda and she refused to give me one until the actual meeting started. At the end of the meeting I asked why the agendas and all attachments were not published at least two days before the meetings and I received no answer. I asked about the difference between the County ordinance that limits the amount that the Board Counsel can make. Mr. Carpenter said that he was not aware of the County ordinance. I pointed out that for just five Memphis bonds, the overpayment for the Memphis board Counsel was $59,000. Then I asked about a possible conflict of interest on the bonds for the Uptown Manor Senior Project by a board member and they said that they would have to consult the minutes of that meeting to see if the member recused herself. I asked for the minutes but received no reply. After the regular public meeting, they had an executive meeting and I asked if I could attend. They said that it was a closed meeting and the public was not able to attend.

 

Then several days later I, in fact, received the minutes from the two past board meetings concerning possible conflict of interests. I have attached those minutes and they are interesting.

 

Minutes of Wednesday, April 9, 2014

Lee Patton and  Monice Moore-Hagler recused themselves from the Inducement Resolution for the Uptown Manor Senior motion. Under Discussion Items, John Baker brought to the Board’s attention for further consideration a revised short term bond fee structure. Under New Business, Nancy Willis brought to attention a request for  an annual ethics statement to be signed by members of the board and provided an example copy for the Council’s review.

 

Minutes of Wednesday, December 3, 2014

Under action items, Dan Reid recused himself from consideration of inducement bond resolution for Global Ministries Foundation Bent Tree Apartments. Renasant Bank was to provide a private placement loan for the property.

Then Dan Reid re-entered the meeting and Monice Moore-Hagler and Lee Patton recused themselves before consideration of final bond resolution for Uptown Manor Senior Development LLC. Mr. Carpenter recommended approval.

Finally, Paige Walkup asked for an update regarding GMF Warren-Tulane property. Mr. Carpenter reported on his positive contact with Chris Lamberson and the ongoing response to correct issues and bring it up to standard.

 

This just goes to show that all these boards need to publish their agendas in advance along with all accompanied data and the public should see the same information that the board members get. I will look forward to your comments as you get ready to pay your federal taxes that funds all these projects.