Friday, March 31, 2017

Board of Mythomania & ETEA about to renegotiate expiring contract

Just a heads-up - the Board of Mythomania is about to enter into negotiations with the ETEA for the soon to expire contract. 

The current contract runs from July 1, 2014 to June 30, 2017. Just a reminder of what came out of those contract negotiations - that 3-year contract brought the dollars up to $120,565,110, which was an increase of $9,554,858 or 8.6%. The annual increase each year over those 3-years was 2.8%.

Certified dollars went up to $110,438,690, which was an increase of $8,815,570 or 8.7%. The annual increase each year over the 3-years was 2.8%.

The Non-Certified dollars went up to $10,126,420, which was an increase of $739,288 or 7.9%. The annual increase was 2.3%, 2.5% and 2.9% over the 3 years, respectively.

Here's the detail info provided on that ETEA contract settlement:
As I understand it, the Board's negotiating committee for this round of negotiations consists of Dr. Frank, Beth Moroney, Jerry Shi and Ralph Errico. 

Just a thought - to avoid the bogus and self-serving argument they always make in future years when they raise your taxes - that there's nothing they can do about it, that it's contractual,  do Something About it Now!

Here's the current contract that runs from July 1, 2014 to June 30, 2017, which is about to be renegotiated:




Anyhoo, as soon as their negotiations are completed and both parties have signed off on a settlement, we'll get the new contract and compare it to this expiring one and see where all the qualitative and quantitative changes are and what they mean to your pocketbook.

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