Thorne says Pleasanton in good shape, getting better Around Town, posted by Editor, Pleasanton Weekly Online, on Feb 21, 2013 at 8:56 am
Pleasanton Mayor Jerry Thorne, in his first "State of the City" address since his election last November, told a sell-out crowd of city, civic and business leaders Tuesday that 2013 is already turning out to be better in terms of municipal revenue, new businesses, retail expansion and housing gains than last year, and "everything is just getting better."
Read the full story here Web Link posted Thursday, February 21, 2013, 7:50 AM
Posted by William Tell, a resident of the Another Pleasanton neighborhood neighborhood, on Feb 21, 2013 at 8:56 am
I'm a little worried about the future of Pleasanton with affordable housing coming in. Pleasanton used to be more or less segregated by virtue of economics - e.g., it's just too expensive for the undesireables to live here.
Now, thanks to Governor Brown, affordable housing is being pushed down our throats. We're going to need more police to counteract this.
Posted by Fredo, a resident of the Another Pleasanton neighborhood neighborhood, on Feb 21, 2013 at 9:22 am
You are right on the money. That's the consequences of people voting left-wing loons like Moonbeam Brown and the idiots in the state legislature into office.
One should also note that the city is in contract negotiations with its municipal workers. During Mayor Thorn's address the top brass of the Livermore/Pleasanton Fire Department and the City of Pleasanton staff were front and center. When Mayor Thorn was making comments about fiscal responsibility and needing to hold the line on expenses, the fire bosses were looking none to happy. (Comment removed by Pleasanton Weekly Online staff for containing unverified or personal information.)
Posted by William Tell, a resident of the Another Pleasanton neighborhood neighborhood, on Feb 22, 2013 at 9:46 am
@ wait a minute
Pleasanton has thrived *despite* Mayor Hosterman and Matt Sullivan, not because of them. They would raise union wages across the board, doubling city employee wages and mandating all new business in Pleasanton had to be union-only, green and all that other liberal BS. Plus we got low-income housing mandates on their watch, because they didn't have the cojones to stand up to the state. Now, if Pleasanton could just prohibit certain people from staying in town after sundown - like we used to do back in the 40s in California farm towns, it would be a better place to live.
Posted by Steve, a resident of the Parkside neighborhood, on Feb 22, 2013 at 9:56 am
People in Pleasanton need to wake up. The liberal loons have installed communist unions throughout the state with Gov Moonbeam as their Grand Dictator. Right under our noses known communists hear in Pleasanton are taking over Castlewood Country Club. The choice is yours. Freedom or Communist Dictatorship.
Posted by Arnold, a resident of the Another Pleasanton neighborhood neighborhood, on Feb 25, 2013 at 8:51 pm
I agree with Jerry that things appear to be getting better but I also believe that this recovery, assuming we can call it that, is very fragile. The pension and retiree medical benefit unfunded liabilities still loom large. While Pleasanton is in a very enviable financial position due mainly to the tax base, which many cities are envious of, that doesn't mean the unfunded pension/healthcare liability issue is solved.
For those that believe the city has addressed the issue you will be disappointed. Have they done more than most cities? Probably. But the also have the financial means to do more than most cities. Have they done all that they should as a fiscally conservative city? Absolutely not.
While Pleasanton has been paying down their pension debt they have done so at the expense of retiree medical benefits; taking 7.8 million from retireee medical benefits to pay down the police pension fund by 7.8 million dollars without receiving any real concessions from the Police department. They have essentially used one credit card to pay the debt on another. They pay 7.5% interest on both credit cards.
Today, the "CalPensions" article, "As economy recovers, CalPERS may lift rate lid" is reporting that pension costs/rates will increase dramatically if the CalPERS Board adopts the recommedations of management. That means the pension cost to the city of Peasanton, to cover the cost of past services, will increase dramatically to come closer to reflecting the real cost of the public employee pensions. And it only means the new CalPERS rates will come CLOSER to representing the true cost of a very abused CalPERS pension system.
The new rates, if the corrupt CalPERS Board approves them, will hit city budgets extremely hard in abtwo to three years. That is the same time frame that the severely underfunded and, somewhat abused Teachers Retirement System (CalSTRS) is expected to ask for a 14% increase in school district pension contributions (as a percentage of payroll) which the PUSD can't afford, based on their constant claim of needing a parcel tax, absent a large increase in local taxes.
While the current city staff & council provided a nice pension presentation at recent council meetings, even including the impacts of the new GASBy reporting requirements, there is still so much that needs to be done that hasn't been done.
Here is the Calpension article that explans what calPERS is contemplating and how that will impact the General Funds of Pleasanton and every other city in the state (the average cost numbers do not apply to pleasanton which has much higher pension costs): Web Link
Posted by Arnold, a resident of the Another Pleasanton neighborhood neighborhood, on Feb 25, 2013 at 10:09 pm
Maybe you shoud read the article regarding what CalPERS management is recommending. The pension system as a whole is in big trouble. The numbers sighted in the article have more to do with state pension funding levels than they do with local pension funding levels. The local CalPERS plans: County-City-Special District plans are in significantly worse shape than the state plans.
School District plans are also in terrible shape and that should be a concern for everyone. In the meantime, tax payer rates for the Zone 7 water district, the DSRSD, PG&E, garbage service, and anything to do with Alameda County services are increasing dramatically as a result of out-of-control Pension Plans and lifetime medical benefits for people that retire in thei fifties (pensions & retiree medical plans "GONE WILD").
Pensions and life-time retiree medical benefits are driving costs well beyond the rate of inflation. I hope city staff takes a hard look at what CalPERS is proposing: Web Link