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Going up

Keefe: Fredonia taxpayers will see increase

March 19, 2013

Taxpayers in Fredonia can expect to pay more in the village’s next fiscal year which begins June 1. Mayor Stephen W....

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(7)

Pandora

Mar-19-13 3:37 PM

Mr. Mayor......when an obvious solution is not at hand, then it is time to think outside the box. I know as an engineer when a solution is not easily recognized, it is time to think outside the box to come up with a solution that will work. This statement also applies to our useless board of trustees. Get a pair and rock the boat to come up with a solution that will work for everyone!!!

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HaveANiceDay

Mar-19-13 1:01 PM

Chuck, they changed it. As of January 1, 2011 all teachers must contribute 3.5% of their salary FOR LIFE. Are the cops and firemen doing the same??

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Chuck392

Mar-19-13 10:55 AM

Why don't we just cut to the chase for Phil's sake. Eliminate all counties, school districts, towns, cities, villages and special districts and simply let the state run everything. Anyone think that will work well for us?

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Chuck392

Mar-19-13 10:53 AM

Two things need to happen with state pensions. 1 - Overtime should stop being used in the calculation. 2 - Employee contributions should have never been discontinued after 10 years of service. That alone was one of the biggest mistakes the State ever made.

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HaveANiceDay

Mar-19-13 10:18 AM

Christopher is 100% CORRECT!!!!!!

$75,000 salary at 70%= $52,500 pension $100,000 salary+OT at 70%= $70,000 pension

$17,500 extra per year X 25 years of retirement = $437,500 for just ONE PERSON

Multiply that number by every cop/fireman/ and prison guard in the state............WOW

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PhilJulian

Mar-19-13 9:48 AM

In the Broadway musical "Little shop of horrors" the blood sucking plant keeps growing larger and demanding more food until the flower shop owner is devoured by the plant. That is the same plot folloowed by local governments. They will keep sucking the blood from local taxpayers until there is no life left in the community. There is only one good answer and that is to eliminate as much government as possible and that can only be done through mergers and consolidations.

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Christopher

Mar-19-13 7:35 AM

The issue of public employee pensions is not new, and has little to do with the stock market. The real issue is the inclusion f overtime into pension pay outs, with the worst offenders throughout the state being police and firemen due to the way they distribute their overtime. It doesn't take a genius to see where a pension fund designed to payout a maximum of 75% of base salary is paying out 75% of double that base salary, there will be issues. Insurance and medical costs are insane, running at 8-10 times the rate of inflation for decades now. These 2 issues are also part of the problem with school taxes. None of our elected officials in a position to help, will or have. That would take integrity, honesty and nerve, all in short supply in Albany and Washington.

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