Still Another Jefferson County Public Schools ‘follow the money’ adventure!

A new audit on operations in the Jefferson County School District’s central office, “Final Report of a Study of the ORGANIZATIONAL STRUCTURE AND CENTRAL OFFICE STAFFING, FUNCTIONS, AND OPERATIONS,” says on page 28 that “Transportation services were found to be very expensive, amounting to $54,648,585 in 2008-09, $57,085,703 in 2009-10, and $62,544,974 in 2010-11.” That’s…

Taking liberty to the airwaves: BIPPS pension report gets statewide attention

Join Jim Waters, vice president for communications, as he discusses the Bluegrass Institute’s latest report on Kentucky’s public pension crisis today (Tuesday, Jan. 10) on radio shows across the commonwealth. Read the report here. Waters will be on the Sue Wylie Show on News Talk 590 WVLK-AM in Lexington at 10 a.m. eastern (listen live here), followed by…

Future Shock: Legislators stoking the coals on Kentucky’s runaway pension train

For Immediate Release: Contact: Jim Waters Thur., Jan. 5, 2012 270-782-2140 Future Shock: Legislators stoking the coals on Kentucky’s runaway pension train (right-click & save target as…) A failure to meet pension-payment requirements 11 of the last 15 years leads to a 3,000 percent increase in the Bluegrass State’s unfunded liability since 2000 (FRANKFORT, Ky.) –…