HomeMy WebLinkAboutCOM 0645.074 2020-2022 P/31 Council
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From: Mark Powell
Sent: Sunday, May 15, 2022 7:17 PM
To: Council Testimony
Subject: Budget
Aloha,
After looking at some budget items I feel the most about the proposed "88 New Positions". To me it's outrageous to have 88 new
positions even considered. The long term effects are more than
you are letting on. The Retirement unfunded liability is going to take a major toll. The County should be putting additional money
away to pay for retirements.
Granted positions could be done as temporary, part time, or permanent part time. The benefits are much less and over time the
positions may not be needed due to technology or operational changes.
Also the Mayor and Council should be looking at reducing the unfunded retirement liability. Use only the base pay salary as
retirement benefit calculations. Overtime and specialty pay should not be in the formula for retirement. This can be considered
Spiking! Also the employees should contribute a %of there pay to there retirement.
It may seem-like the County is flush with cash but a real estate downturn is happening now so future revenue from taxes is on
it's way down, inflation and much higher interest rates are here now so values will be going down.
Admitted everyone needs some property tax relieve but the County can't expect major new taxes.
Please be wise and don't put us in a deeper hole!
a
Mahalo
John Powell
Kailua-Kona –4
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Comm. No. `2 ` i11
PRef. To: P I
Ref. Dote MAY 1 9 7022