Wednesday, September 29, 2010

'$84K salary just don't pay the bills,' says RMC, Discovery Center chief, announces plans to retire

The timing is suspicious, to say the least.

Three months after the state Department of Finance issues a report and audit (link below) declaring that the San Gabriel and Lower Los Angeles Rivers and Mountains Conservancy "has not exercised adequate fiduciary oversight of bond funds," the conservancy's executive director announces her retirement.
Faustinos, who earns $84,000 annually, told the Times that retirement is "something I’ve been thinking about for a while because of salary cuts for state employees -– the checkbook doesn’t balance any more at the end of the month.”
The Los Angeles Times' Louis Sahagun broke the story (link below) of Belinda Faustinos' decision to retire on the paper's Greenspace blog today.

Faustinos, who earns $84,000 annually, told the Times that retirement is "something I’ve been thinking about for a while because of salary cuts for state employees -– the checkbook doesn’t balance any more at the end of the month.”

Yep -- $84,000 a year just doesn't go as far as it used to.

It's important to note of the recent audit that many of the problems it identified were first brought to light in an earlier 2006 audit but went uncorrected.

It reminds naturalareafan a whole lot of the story outgoing drug czar Ralph Landry tells the incoming czar in the movie Traffic:

"You know, when they forced Khruschev out, he sat down and wrote two letters to his successor.

"He said, 'When you get yourself into a situation you can't get out of, open the first letter, and you'll be safe. When you get yourself into another situation you can't get out of, open the second letter.'

"Well, soon enough, this guy found himself in a tight place, so he opened the first letter, which said: 'Blame everything on me.' So he blames the old man, it worked like a charm.

"He got himself into a second situation he couldn't get out of, he opened the second letter. It said: 'Sit down, and write two letters.'"

Then again, perhaps it is as easy to explain as annual salaries. One can imagine that, with the connections Faustinos has made, first at the Santa Monica Mountains Conservancy and now at the RMC, she has the potential to make far more money as a lobbiest than the $84,000 per year she's had to settle for as a government employee.

Links:


-
Audit of San Gabriel and Lower Los Angeles Rivers and Mountains Conservancy's Propositions 40 and 50 Bond Funds (PDF file)

- Conservancy official for L.A. and Orange Counties to retire
(Los Angeles Times Greenspace blog)


1 comment:

  1. And then there's the WATER DISTRICT (a.k.a, more appropriately, 'the WATER BOARD'!): Check out these current stories from The Whittier Daily News's excellent investigative reporter Rebecca Kimitch:
    Water Agencies Give Salary Increases While Increasing Rates http://www.whittierdailynews.com/news/ci_16419013?source=rss
    Central Basin Board Members Spend Lavishly on Travel
    http://www.whittierdailynews.com/news/ci_16418119'Customers of Central Basin Municipal Water District are footing the bill for the highest travel expenses of any water district in the region.'
    For those following the Friendly Hills oil-drilling controversy:
    Oil-drilling proposal meeting scheduled for Monday Oct. 25 at Whittier Community Theater
    http://www.whittierdailynews.com/news/ci_16415915?source=rss
    which has these sidebar stories:
    Special Section: Whittier Looks for Oil
    Briefing: Negotiations to drill Whittier Hills for oil
    Photo Gallery: Matrix Oil Corp.'s facility
    Timeline of drilling in Whittier

    ReplyDelete