Comments (14) 12:30 PM posted by admin |
The City of Ypsilanti has finally concluded its budget sessions. While most residents ignore the budget, they are never dull and are always filled with tons of fascinating information.
Take this for example:
The City’s Fire Chief is the highest-paid, fully-loaded employee in the City. For FYE 2009, his loaded costs to the City come in at $159,851. For FYE 2010, that rises to $165,162.
This increase is the result of a Council decision back in February of 2007 to amend the ordinance for the Fire and Police retirement system. Council voted 6-1 to provide a pension to the Fire Chief. As a result, this increased the cost of having a Fire Chief more than $73K per year. At that meeting, the former Assistant City Manager said the increased liability to the City was only $99,570 ammortized over 30 years. There was no mention of the massive increase in fringe benefits for future Fire Chiefs.
To put this in perspective, on January 7th of 2007, the City was paying a fully-loaded cost of $172,730 for both the Fire Chief and Fire Marshal. Today we pay almost that amount for one person.