Monday, May 08, 2006

Woodford County Pension Costs

What does this picture tell us?

















Well, first off a little clarification on data. The information comes from the recently released annual financial audit.

SLEP = Sheriff's Law Enforcement Personnel
ECO = Elected County Officials
OQE = (all) Other Qualified Employees

Now, here are the compounded average percent increases for these classifications:

SLEP +34%
ECO +39%
OQE +40%

It doesn't take a rocket scientist to see there is potentially an elephant in the budgetary closet here.

We're not sure what or where the '05 cost data is; still hunting.

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