$25M Pension Loan Raises Eyebrows, Questions
Baltimore County officials say the loan for a Cockeysville recycling facility from its underfunded pension system is a "win-win." But some County Council members have questions.
UPDATED (3:16 p.m.)—Some Baltimore County Council members and union officials say a $25 million loan made to the county from its own pension system raises questions. The loan will be used to pay for a new recycling facility in Cockeysville. It's the same facility for which the Baltimore County Council approved $25 million in bond sales last November. Councilmen David Marks and Tom Quirk say they now have questions about the change in how the project is financed and the lack of independent oversight. "I don't know any of the details of the arrangement at all," Quirk said. "We definitely have questions." Marks, a Perry Hall Republican, said he was withholding judgement on the changes but was asking the administration to provide a legal …
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Arlow
10:57 pm on Sunday, August 12, 2012
That's pretty snarky. Stating that FIFA and the others were fired from the County without any proof they ever worked there is childish. It sounds more like you work for the Administration they way you act like they can never do anything wrong. more ›