Indiana

MCSD Money Problems

By Abdul Hakim-Shabazz

I know all God’s City-County agencies have money problems, but I am seriously wondering what’s going on over at the Marion County Sheriff’s Department these days.

At a Pension Board meeting Thursday it was revealed that due to the economy the pension fund for retired deputies is creating a more than $3 million shortfall.  And if it’s not addressed, retirees could lose their pensions altogether.   In addition, the Sheriff’s office is also in arrears by several million dollars over health care costs at the jail.

At the same time, someone found money to spend on new cars and motorcycles.

This really makes me wonder, at least from a financial perspective, what’s going on over at the Sheriff’s Department and are there any other ticking time bombs out there?

Full post as published by Indiana Barrister on August 28, 2009 (boomark / email).