Letter to the Editor: Peotone Fire Consolidation
Opinion on the referendum to consolidate with the Manhattan Fire Protection District
Shall the Peotone Fire Protection District Dissolve and be consolidated into the Manhattan Fire Protection District? A close look at the information that has been spoonfed to the public by the Peotone and Manhattan Fire Districts will show you that the benefactors are not the taxpayers. The positive spin that has been put on this is at best a gentle backrub, telling the Peotone taxpayers they will benefit from reduced taxes and better services. There is no proof provided to show that is true, and I have found no solid financial information by way of a Proforma projecting what this will cost taxpayers in ten years or more. The presentation materials provided a warm and fuzzy for the reader, but not much else. What is worth examining is the pension outlook. From both districts there has been a revealing of the pension funding, which show that Peotone is paid up, over-paid in fact, and has a nice surpluss to cover the longterm liabilities expected when keeping the committment to the loyal firefighters. Manhattan on the otherhand has pension money shortage of approximately $1.1 Million (if you use the numbers provided in writings and in charts.) They have provided two different estimates of the pension shortages at either 77% or 85% out of the reqired 100% needed to meet the taxpayers’ liability to the firefighters. (See the slide at 1:59 in their presentation: https://www.peotonefire.org/
Peotone taxpayers should demand more from their leaders. Why should Peotone citizens pay off their debt? I think I now understand why Manhattan wants this merge. Sincerely, William Towler |
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