Yesterday’s Emergency City Council Meeting resolutions just needed a simple majority and not super majority vote. Not surprisingly, it got just that (3 LB coalitions to 2 Democrats)- as the LB Herald writes:
The City Council passed two resolutions during a contentious emergency meeting on Wednesday night that will allow the city to borrow $4.5 million in the face of a cash-flow problem that would have prevented the city from meeting its Dec. 23 payroll obligations and making payments to a number of retirees.
To bring you all up to speed, please read our SBC related articles listed on the bottom of this post. The LB Herald has the full Emergency Meeting story, so read it there: Long Beach City Council OK’s $4.5 million loan to pay workers
Just a quick note to those who think SBC is a “one-sided” blog: Our main goal is to make Long Beach the best place in the world. By attempting to do just that, we blog our opinions on all sorts of topics. Just because we have a difference of opinion with some readers on certain topics doesn’t mean we’re “one-sided.” We are not affiliated in anyway with any political party and don’t solicite local business for $ to run this blog, so please keep that in mind. We are 100% independent. Like any Facebook Group, if you don’t like what we write then don’t visit (or like us). Or maybe you should just start your own Long Beach blog with your own opinions. I’ll even post your link if you want.
Now, going back to the main story: From the mentioned LB Herald article: In her memo, Clarson also said that unbudgeted termination payments — which include employees’ accrued vacation time and unused sick days — for three outgoing employees of the Police Department, would cost the city $1.4 million.
In other words: Hurricane Irene has nothing to do with unbudgeted items. We all agree that city workers need to get paid, but potential retirement payoffs should of been in the budget in the first place. I know how to balance my checkbook and budget future contractual expenses. That is how I see it.
Read – LB Herald Long Beach City Council OK’s $4.5 million loan to pay workers
Related SBC Articles:
- Fagen: “The injunction was denied.”
- FULL PRESS CONFERENCE VIDEO. Fagen: “We are looking for injunctive relief as we speak.”
- Injunction Planned against Bailout Plan (Taking ‘em to Court)
- LB Bailout Totals $4.25M (Emergency Council Meeting)