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Texas' growing state debt and public employee compensation
Posted on 7/29/20 at 12:04 pm
Posted on 7/29/20 at 12:04 pm
Why Texas is in Trouble (Forbes)
quote:
Last year, 78,064 state and local government employees made more than $100,000 each, and 18,600 of them out-earned Texas Governor Greg Abbott, who made $153,750.
Overall, Texas state government is drowning in $99 billion dollars in debt, according to Truth in Accounting. It amounts to $3,413 per man, woman, and child. By contrast, Florida has only $12 billion in debt and a $600 per-person liability.
This post was edited on 7/29/20 at 12:07 pm
14
Posted on 7/29/20 at 12:05 pm to TejasHorn
no HS football is going to bankrupt the TEA
Posted on 7/29/20 at 12:05 pm to TejasHorn
I guarantee state pensions are a much bigger issue than snapshot salaries.
Posted on 7/29/20 at 12:06 pm to TejasHorn
quote:
d 18,600 of them out-earned Texas Governor Greg Abbott, who made $153,750.
On paper and you don’t need a hefty salary when you get more than that from your lawsuit settlement.
Posted on 7/29/20 at 12:06 pm to TejasHorn
State and Federal employees. Higher salaries, defined pensions.
Congrats, you are way out earning the private sector.
Congrats, you are way out earning the private sector.
Posted on 7/29/20 at 12:06 pm to TejasHorn
Why does Laredo city manager make more than double Dallas’?
Posted on 7/29/20 at 12:06 pm to TejasHorn
How the hell does a city manager make 880k a year??
Posted on 7/29/20 at 12:08 pm to TejasHorn
I wish I could work for a company that didn't care about a profit margin
Posted on 7/29/20 at 12:09 pm to TejasHorn
Strange how Houston is under-represented besides the ISD heads.
FTR, Don Stockton (CISD) does a fantastic job and is a PhD.
FTR, Don Stockton (CISD) does a fantastic job and is a PhD.
Posted on 7/29/20 at 12:09 pm to danilo
quote:
Why does Laredo city manager make more than double Dallas’?
The Valley is the dirtiest fricking place on earth......The Kingfish would be shocked.
Posted on 7/29/20 at 12:10 pm to TejasHorn
How does a city manager in a small city like Laredo make more than double what the same position pays in cities that are 5-6x larger like Dallas and Austin?
Posted on 7/29/20 at 12:10 pm to theronswanson
quote:
How the hell does a city manager make 880k a year??
Have you ever been to Laredo?
Posted on 7/29/20 at 12:11 pm to East Coast Band
Wait until these people retire at 55 with full benefits and their replacements are making just as much. This is how you get BILLIONS of dollars of unfunded retirements. It's happening all over the country.
The NUMBER ONE issue in the USA today is BIG GOVERNMENT. We need to cut all of government in at LEAST half. It's ridiculous.
The NUMBER ONE issue in the USA today is BIG GOVERNMENT. We need to cut all of government in at LEAST half. It's ridiculous.
Posted on 7/29/20 at 12:11 pm to Tiger Prawn
I have a few theories and all of them involve corruption
Posted on 7/29/20 at 12:12 pm to Tiger Prawn
quote:
How does a city manager in a small city like Laredo make more than double what the same position pays in cities that are 5-6x larger like Dallas and Austin?
Dude, the FBI is living down there right now fishing big time......they've got a few counsel folks in the boat already (including Dannenbaum Engineering Presidnet/Owner Jim Dannenbaum)
Posted on 7/29/20 at 12:20 pm to kywildcatfanone
quote:
Congrats, you are way out earning the private sector.
and yet, likely no where near as educated or talented.
Posted on 7/29/20 at 12:21 pm to TejasHorn
Those lists don't include lots of other public employees making bank as well.
Posted on 7/29/20 at 12:21 pm to TejasHorn
I'm sorry.
No city manager or superintendent is worth even $200k.
Let alone 300, 400, 800!
WTF
No city manager or superintendent is worth even $200k.
Let alone 300, 400, 800!
WTF
Posted on 7/29/20 at 12:25 pm to TejasHorn
Those are local problems not state of Texas problems.
Posted on 7/29/20 at 12:28 pm to Privateer 2007
I think $225,000 is a good cut off point (especially if you want someone competent). Anything above that is absolutely ridiculous.
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