Archive for April 2017

Questions for the meeting of April 19, 2017

Topic:   ” The Montgomery County Police Department and Performance-Based Budgeting” Speaker:  J. Thomas Manger, Chief of Police, Montgomery County April 19, 2017  — Free and open to the public — 7-9 pm. —  Council Office Building The following questions have been sent to Chief Manger in advance of the meeting 1. Almost every police…

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State pension fund is $20 billion in the hole and yet we pay an estimated $500 million a year in fees to investment fund managers.

From the Maryland Public Policy Institute an article published April 7, 2017, written by Jeff Hooke, a finance lecturer at Johns Hopkins Carey Business School “Maryland legislators aren’t the only ones ducking the issue.  When the board of the [Maryland State Retirement and Pension System] met in February, the lengthy agenda failed to mention that investment returns…

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