After an exhaustive review of the state budget there could be no more cuts to be found last year and the state employees had to absorb a 2.5% pay cut in order to continue essential state services.
Today I discovered one of those essential state services. A $240,000 grant to a private retirement home for a solar electricity system! The total cost for the project was nearly a Million Dollars. The state (being flush with the state employees money) paid 25%, the feds borrowed 30% ($290,000) from the Chinese to fund it and the nursing home paid the rest.
Hooray! They will save $19,000 per year, so given the $435,000 that they paid, they will begin saving money in 23 years which is just about 7 years before they will likely need to be replaced.
I doubt that the state employees had just such a critical expense in mind when they agreed.
Thanks! State Workers.
October 30, 2009 by Steve Larrimore
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This is beyond revolting.