Sunday, March 20, 2011

Walker said West Bend should have a surplus of $572,814

And now we'll have a deficit

Health Insurance Savings (assumption: equals 4.2% of WRS payroll) = 1,638,599
Pension contribution Savings (assumption: equals5.8% of WRS payroll) = 2,262,827
Total Fringe Benefit Savings = 3,901,426
FY10 General Aid = 30,632,477
FY11 General Aid (under Governor’s recommended budget) = 27,478,870
General Aid Reduction: Estimated FY11 vs. FY10 = -3,153,607
Benefit Savings less Rev Limit Cut = 572,814

Appears what Walker said wasn't accurate. An intentional inaccurate statement is a lie.

4 comments:

  1. I'm sure you already know this and are being deliberately dishonest, but the savings information is about the school district and the article references a municipal deficit.

    FYP: "Appears what Pat wrote isn't accurate. An intentional inaccurate statement is a lie."

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  2. Well then, I guess I'm wrong. West Bend will be just fine. Thanks for setting me straight. I'm easily confused. Must be an old man thing.

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  3. You're no fun.

    If you believe the figures (a stretch, seeing as there is no budget right now), it looks like someone that resides in both the city and school district would still realize net tax benefit.

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  4. Sorry, I can't play tag if I may have a misunderstanding of the facts. But, for some reason, all the numbers given to us feel a little suspicious to me. We'll see how it plays out. I hope I'm wrong and in the next 12 months it will prove to be that way.

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