Feb 23
Thursday

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Around the State
Too many Florida State Employees? PDF  | Print |

Florida releases its Annual Workforce Report

Southwest Florida's News-Press 12/08/10

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Florida's $$$$ problems PDF  | Print |

Florida's fiscal forecast now even worse    Sarasota Herald Tribune 12/08/10   

State officials had projected a $2.5 billion shortfall for the 2011-12 budget, which takes effect on July 1. But the new shortfall could exceed $3.5 billion because of sluggish state tax collections, including property taxes and gambling revenue, as well as rising health care costs for the poor and unemployed, state analysts said.The numbers are worse because Florida's economy is in a painfully slow recovery.

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City of Hialeah lay-offs PDF  | Print |
 
The City of Hialeah called in all of the 1102 bargaining unit members that
are in the drop plan for a meeting at 3:00 pm. Our members are in the drop
were handed a letter advising them that their services are no longer needed,
do not come back to work beginning December 3rd.

The bargaining unit members are supposed to vote on an imposed contract this
week.

Hialeah does not have a Lay-off provision in its contract.

Our City ordinance on the drop plan says the maximum duration for
participation in the DROP shall not exceed 36 months, and participation will
end if the employee resigns, dies, or is terminated for good cause prior to
the completion of the 36 months.

More to come in the future. Thank you all for your calls. This is a very
serious case with state wide implications. I have already received phone
calls from 12DVP Larry Osborne, and State president they are both on it.

Thanks,

Dean 

 
"Reduce the size of government" PDF  | Print |
Scott names teams to review state agencies and help "reduce the size of government"
Gary Fineout, 11/17/2010 - 02:15 PM
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Around the state PDF  | Print |

Fla. investments exceeded goals in 2009-10

TALLAHASSEE ? Florida topped its investment goals in 2009-10, including a healthy 14 percent annual return for the state pension fund.Those results are cited in the State Board of Administration's annual report for the fiscal year ending June 30. The board's biggest investment is the pension fund that beat its earnings target by 2.5 percentage points. The fund grew by $13.9 billion for a net increase of $9.8 billion after subtracting $4.1 billion paid to retirees. During his recent election season, Republican Governor-elect Rick Scott blamed his Democratic opponent, Chief Financial Officer Alex Sink, for earlier pension fund losses because she's a member of the board. Those losses, though, came when financial markets were in decline.

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