[quote] Audit: city omits $52M from compensation reports
The city of San Diego failed to report to state officials some $52 million in employee pension contributions last year, according to an audit released last week.
says the city omits critical information in each report: the contribution toward each employee’s pension, which is estimated at about $7,900 for each pension-eligible worker.
…According to auditors, not including the information has its consequences. First, the city is not fully complying with state reporting standards and understating employee compensation obscures public transparency.
PS WRT SDCERS/Prop B here’s an apropo piece of advice,…
[quote=bearishgurl]
You SD residents would do well to log all this info in the back of your brain and bring it out when needed as these idiots (who somehow believe they are “movers and shakers” in SD) will likely come up with more harebrained schemes for SD taxpayers to fund.
[/quote]
