PERS ruling puts Medford police station project on back burner - March 9, 2005

Mail Tribune (Medford, OR — Wayback)

2005-03-12

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51 °F Forecast | Road Cams Saturday, March 12, 2005   Today's News | Classifieds | Autos | Homes | Jobs | Tempo | Health | Community | Home Delivery      SECTIONS Home Page Local News Sports Business Obituaries   Life   Opinion   Tempo   AP News   Weather   Classified   Archives   Site Map   SPECIAL SECTIONS   Since We Asked   Outdoor Journal   Menu Guide   How To Guide   Health   Readers' Choice   Real Estate Showcase   Real Estate Guide   Joy Magazine   Homelife Magazine   Wedding Guide   Passport to the Rogue Valley   SHOP OUR VALLEY AutoFinder HomeFinder JobFinder Classified Place an ad  TOP JOBS   EXTRA   NIE   Personals   Movie Times   TV Times   E The People   Volunteer   Moving here?  eSouthernOregon   CUSTOMER SERVICE FAQ's Advertise with us Home Delivery Employment Contact Us Media Kit Oregon Road Conditions & Cams Email Story to a Friend March 9, 2005 PERS ruling puts Medford police station project on back burner By MEG LANDERS Mail Tribune Most public officials in the Rogue Valley are struggling to understand the implications of Tuesday’s 150-page Supreme Court ruling on PERS reforms. But some already are writing off ambitious near-future plans. Mike Dyal, Medford’s city manager, said Tuesday’s decision puts capital improvement projects such as a new police headquarters on the back burner. The City Council in October gave the thumbs up, pending funding, for a $7.5 million, 30,000-square-foot police headquarters to be built at 10th and Ivy streets, currently a city staff parking lot. Construction was expected to be complete at the end of 2006. But the project would have been funded with bonds, which the city will not pursue with the fiscal burden of PERS weighing down budgets for the foreseeable future. Dyal said it’s too soon to say what other projects will be affected. Advertisement PERS was already having a serious impact before the court ruling, said Dyal. "We borrowed last year $29 million to pay off our accumulated debt to PERS," said Dyal. He said public agencies’ required contributions to employees pensions have had several dramatic increases. "It’s grown because of the investment losses, not because of anything the cities or schools or districts did," he said. "That’s why we feel like victims every time the bill comes around." Gino Grimaldi, Ashland’s city administrator, said that, like other local governments, his city is prepared for the financial hit. "It is something that we have been planning for," he said. He does not anticipate project delays or personnel cuts will be needed to cover the costs. "We did set some money aside," he said, adding that the long-term effects are yet unknown. "We should be OK in the short-term," he said. Phil Messina, Central Point city administrator, said city staff had not yet had a chance to translate the decision into a detailed fiscal impact. "We don’t see it affecting any projects right now," he said. Mail Tribune Home  | Local News  | Sports  | Business  | Obituaries  | Life | Opinion AP News | Archives  |  Site Map  | Community  | Classified   Copyright © 1997-2005 Mail Tribune, Inc. All rights reserved. Privacy Policy | Terms & Conditions | Website Feedback Student Loan Consolidation Conference Calls - $50/Month Home Security Systems Trunks, Footlocker, Trunk, Footlockers home equity loans helzberg Slippers Student Loans afsa teleconferencing Memory Foam Mattress Advertisement s