[quote=bearishgurl]WOW, County isn’t fooling around. They’re going to make bank here!
Oh, and I’m sure DR Horton is going to pass those ($3M++?) in fees County will have already collected from them onto the purchase price of each unit. Why not?
Hope all the worker-bee types who end up buying into this project (because they won’t read the fine print) get nice raises every year cuz they’re certainly going to need them! They’re going to get ripped a new a$$hole in compounded increases in their MR fees over their years of ownership.[/quote]
I love the California Public Pay database. It sheds like on the issue. Previously, BG you complained that not enough taxes was the problem. Now you see the county sticking it to the developer.
I’ll pose another piece.
Google is recognised as one of the most lucrative companies to work for. In California, Google’s average salary is $113,929. It comes with an average bonus of $14,494. Lets round that up to $127,500. Health benefits adds some to that.
Now let’s look at something like Los Angeles Fire Department. 3590 employees. Average wages paid, $142,370. Average retirement & benefit cost another $13,060. Total $155,430. Public Pay DB
Do you think Google is paying $28,000 in health and other benefits per employee? I don’t.
Lakeside special district in San Diego county is close. Their pay is lower but benefit cost way higher.
Looking at Median wages is a bit better because of the number of part year payments in the public DB.
So is the problem taxes are too low and the developers are building and we’re not taxing enough or is the problem that we have some agencies getting compensation rivaling the most lucrative company in the country to work at.
