Four years ago, I ran for mayor of DeKalb.
Among my concerns were the money being spent downtown and at the airport, the budgets and the city’s financial management in general.
Acting mayor Povlsen insisted in interviews and forums that DeKalb was in good financial shape, in fact once during a radio interview he angrily shook papers in my face when I suggested differently. Then, 10 months after he was elected, the city administration admitted DeKalb would be millions in the hole in short order if something drastic wasn’t done.
Twenty people were laid off that year. Twenty families had the rug pulled out from under them to build a General Fund reserve for the mayor to brag about upon his exit.
Well, $3 million was our reserve level before the budget crises began. It’s nothing special. And neither is a man who can’t conjure the slightest bit of sorrow for the suffering he caused.
3 comments
Comment by yinn on September 23, 2012 at 8:39 am
The current reserve is also half of what it was last year. It’s going fast.
Comment by Anson MacDonald on September 25, 2012 at 11:09 pm
Lynn, I know the EPI report suggested a 25% reserve so it looks like Povlsen will leave office without accomplishing that.
But how has the unfunded pension for police and fire changed over the course of the Povlsen reign?
Comment by yinn on September 26, 2012 at 8:00 am
The funding levels have been dropping for years. The fire pension in particular is funded as badly as the state pension system.
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