Tweet
Everyday California government find more bad news.
San Bernardino did not realize it owed $152 million is accrued pay.
"San Bernardino County's nearly 19,000 employees have accrued $152 million in vacation and sick time, holiday pay and administrative leave - an unfunded liability that will need addressing to keep the budget on track in coming years, officials say.
The problem is not the accrual, considered a standard process in many counties and municipalities, but the fact that the county has not funded the accrued time in past years, County Administrative Officer Greg Devereaux said.
In order to keep the budget in line, the county will need to provide a source of funding for the accrued time, he said."
Those running our government and agencies are clueless-they have no idea about the costs, debts, deficits or promises.
It is truly like a class project, for the 6th grade. They have no idea the implications of their spending, taxes and policies.
We need adults in charge.
More...
San Bernardino did not realize it owed $152 million is accrued pay.
"San Bernardino County's nearly 19,000 employees have accrued $152 million in vacation and sick time, holiday pay and administrative leave - an unfunded liability that will need addressing to keep the budget on track in coming years, officials say.
The problem is not the accrual, considered a standard process in many counties and municipalities, but the fact that the county has not funded the accrued time in past years, County Administrative Officer Greg Devereaux said.
In order to keep the budget in line, the county will need to provide a source of funding for the accrued time, he said."
Those running our government and agencies are clueless-they have no idea about the costs, debts, deficits or promises.
It is truly like a class project, for the 6th grade. They have no idea the implications of their spending, taxes and policies.
We need adults in charge.
More...