
Bill Kampe-Insistently Harming Your Public Interests
There’s a frighteningly large (and mostly secret) debt that you will have to pay to live in Pacific Grove due to years of horrible politics. This article about how it happened is researched and written by a Pacific Grove resident, a highly respected lawyer, and verified by one of the smartest people to ever serve Pacific Grove: Councilman Daniel Davis.
It is a story about how local government employees gigantically inflated their pensions by deception and bullying enough elected officials to get this approved – however illegally it was done. Before you buy a home in Pacific Grove, you might ask your realtor to officially disclose to you – “how much will this cost me over the next 10 years?”
What realtors are not required to tell you is how the City Council has been cutting everything else to the bone to pay these outrageous costs: Cutting Library services, Recreation, Planning, etc. One Council led by the disgraced Mayor Cort even gave away our beloved Museum.
Every Pacific Grove resident owes thanks to John Moore for painstakingly following this issue and trying hard to fix it.
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“Genesis of Pacific Grove’s Excessive pension costs and debt“
by John Moore
This is a brief out-line of how Pacific Grove arrived at its ruinous pension cost/pension debt condition: according to its latest financial report, it now spends about a quarter of its budget ($5-million dollars per year) for pensions (including pension bonds and payment to Monterey as part of the fire service contract). Continue reading →