Tuesday, August 31, 2010

Miami police and unions expected to take wage cuts, $125 million for Marlins stadium not affected

8/30, "The city of Miami is so broke it's forcing employees to take pay cuts, even though they're under contract.
  • Mayor Tomas Regalado said he's never seen a financial mess like this before, and his options are grim....

The city is operating under a state of "fiscal urgency," declared earlier this summer. The budget deficit for next fiscal year is about $110 million. The proposed cuts in salary, pension contributions and health insurance costs amounts to about $86 million in savings for the city.

  • That fiscal urgency declaration allows city commissioners to impose salary cuts on employees, despite their contracts....

Miami's police officers, firefighters and other union workers are all expected to choke down cuts. One police union official said the Fraternal Order of Police will sue the city if the cuts are imposed

  • And what really stirs some is that this is happening while the city contributes about
  • $125 million in tourism tax dollars to the construction of the new
  • Marlins baseball stadium.

Yes, operating expenses and tourism tax dollars are different pots of money, but it's the principle and the wisdom of the spending that's being questioned during the city's most difficult financial time ever.

  • The city is expected to meet on the issue Tuesday at 1 p.m."

"Broke City Breaking Employee Contracts," NBCMiami.com, S. Litz via Drudge Report

Labels: ,

Stumbleupon StumbleUpon


Post a Comment

Links to this post:

Create a Link

<< Home