There is new study by that Dartmouth Atlas project which is published in the New England Journal of Medicine on the rising costs of healthcare. For 20 years, the project researchers have…
Tag: Pensacola
Buzz: Pensacola not on stimulus list
The Buzz in the business community is the City of Pensacola failed to get on the 2008 U.S. Conference of Mayors report of “shovel-ready” projects. Mayors of this state submitted their projects….
BTW: DROP program cost $2 mil
As per the City of Pensacola’s CAFR: the Deferred Retirement Option Program (DROP) cost us $1,957,764 in 2008.
Nobles: no pension panic
While researching for my Outtakes column, I ran across this quote from then-Councilman Jack Nobles from August 2005: “Let’s reward employees and be fair to them. I’m not ready to push the…
Judge Collier responds to Mack on CMP
Dear Diane: Please let me apologize for the delay in responding to your e-mail of last Sunday, but I just learned of it Tuesday afternoon from a news reporter. Monday, as you…
Deputy Juan Carlos
As a goodwill gesture, Escambia County Sheriff David Morgan made the Secret Service agents and the King Juan Carlos’ bodyguards honorary deputies. The King was so impressed that he asked to also…
King Juan Carlos’ Toast
Toast by His Majesty the King of Spain at the National Naval Aviation Museum Governor Crist, Senators Nelson and Martinez, Authorities, Congressman Miller, Ladies and Gentlemen, Thank you very much for your…
City unfunded pension liability is up 80 percent
According to the City of Pensacola’s comprehensive financial reports, the unfunded liability for the pension funds is much greater than it was in 1998: General Pension 1998 unfunded liability: $29,228,000 2007: $50,312,000…
City Pension membership analysis
General Pension Membership Retirees and beneficiaries receiving benefits: 555 Terminated plan members entitled to but not yet receiving benefits: 49 DROP plan members: 39 Active plan members: 389 Total 1,032 2007-08 City…
City pensions lose $38.8 million
The City of Pensacola has posted its comprehensive financial reports on its website. The Stock Market collapse has significantly hurt the city pension plans: Investment income Net depreciation in fair value of…
Boone Report: There is an Econ. Dev. part to trip
By IN reporter Sean Boone The King and Queen of Spain aren’t the only reason the governor is headed to Pensacola. On Thursday morning state and local officials will meet with Spanish…
Are we missing business opportunities with royal visit?
King Juan Carlos is on a trade mission, according to Spanish papers. It appears Pensacola is the only non-trade visit of his trip. King Juan Carlos and Queen SofÃa visited earlier this…