Remember last year
after Pollitt unveiled the County's Proposed Operating budget for fiscal year
2012 - 2013. Remember what his administration touted - Wicomico is
well on its way to a remarkable economic recovery - signs of robust
employment. Even the BOE director - John Frederickson was 'hoodwinked' into believing
that Wicomico was poised for a quick recovery - as he even touted 'there are encouraging employment signs' at a public meeting held at Wicomico Senior
High School.
GA Harrison, myself
and a few others stood up and called him out on it. GA Harrison even held a
public event warning the public about the 'Fictional
Budget'.
Guess what - here
at SBYnews - all of our reporting staff - was DEAD ON THE BULLS
EYE in predicting this economy's eventual outcome.
WICOMICO IS EXPERIENCING ONE OF THE DEEPEST RECESSIONS ON
RECORD!
Highlights of County Administrator's
proposed operating budget for 2013-2014
1. Diminishing
sales tax collections
2. Declining real
estate property valuations
3. Declining state
& local income collections
4. County's pension
fund seriously underfunded
5. Impact of state
shift of Schoolteachers pension fund will now escalate to unsustainable levels
as county liability will soon double.
6. Reduced local
area workforce numbers continue downward spiral
I am not making this
stuff up - see it for yourself
Posted by Beezer - SBYnews Contributor