Is It Time To Either Combine The EDC And The IDB Or Get A Less Extravagant Director?
More and more it is being revealed that the expense of both an Economic Development Commission and an Industrial Development Board is just too great. One suggested solution is to combine the two into one and cut the amount of money going into it.
A second suggestion is that the current director should be replaced with a less extravagant Director who works with a much smaller salary and given a bonus based on what jobs are brought into the county.
One thing I do know is that there's a need for a thorough discussion of the responsibilities, accomplishments and expenses for the EDC/IDB.
Here are some expenses from July 2010 through June 2011.
$9986.46 for Dan Speer Insurance.
On 5/23/2011 there were nine different charges for food totaling $303.76 along with two charges for a Holiday Inn at $1210.21.
Three checks totaling $36,494.07 for interest on building. No payments were listed toward the principle.
$2,133.00 was spent on meals and entertainment to Hillside Hospital
$1,032.00 was spent on dues for Hillcrest Country Club
While I understand that it takes money to get business moving into the county I certainly fail to understand the amount of taxpayer money being used for such high living in relation to the amount of gain being made by the county. Presently there is more than 310,348 square feet of empty manufacturing space in the county under the control of the EDC.
The county gave $66,650.00 to the EDC for Fiscal Year 2010-2011.
It is past time for something to change.
A second suggestion is that the current director should be replaced with a less extravagant Director who works with a much smaller salary and given a bonus based on what jobs are brought into the county.
One thing I do know is that there's a need for a thorough discussion of the responsibilities, accomplishments and expenses for the EDC/IDB.
Here are some expenses from July 2010 through June 2011.
$9986.46 for Dan Speer Insurance.
On 5/23/2011 there were nine different charges for food totaling $303.76 along with two charges for a Holiday Inn at $1210.21.
Three checks totaling $36,494.07 for interest on building. No payments were listed toward the principle.
$2,133.00 was spent on meals and entertainment to Hillside Hospital
$1,032.00 was spent on dues for Hillcrest Country Club
While I understand that it takes money to get business moving into the county I certainly fail to understand the amount of taxpayer money being used for such high living in relation to the amount of gain being made by the county. Presently there is more than 310,348 square feet of empty manufacturing space in the county under the control of the EDC.
The county gave $66,650.00 to the EDC for Fiscal Year 2010-2011.
It is past time for something to change.
5 Comments:
I feel it is our County and City Government representatives's place to look into this. I, as a taxpayer, don't won't to continue to support an organization that spends so excessively. Are we also paying for his wife's insurance? Are we paying for trips that they're turning into vacations? So many questions I have. Can the County/City have a question and answer session like PES had.
Good idea. This Economic Development committee should never have been formed. The law does not require it if you have something else in place and we have the Industrial Development group that could do the same work.
time to address these questions now to the county commissioners since they give $100,000 to Economic Development Board and to the city council of Pulaski which also funds the EDB. Work Sessions are a good place to ask these questions. ask for the issue to be put on the agenda. Of course no details or answers will be given to questions asked but you will understand why Mr. Speer holds the position on the EDB.
Speer is an excelent sales person for Giles County! He sells medical insurance for his wife and premotes FNB and Brindley Constuction.
Did you disable your spellcheck?
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