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The $100,000 Club: 11,337 Pa state government employees made the roster in 2020

The $100,000 Club: 11,337 Pa state government employees made the roster in 2020
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Criminal Tax Cheat Robert Smith of Private Equity Firm Vista Gets a Pass for Conduct Worse Than Apollo s Leon Black, Now in Epstein Doghouse

Neil Weinberg and David Voreacos published an in-depth account at Bloomberg of how private equity baron Roger Smith escaped being indicted for criminal tax fraud despite having concealed over $200 million in income. The very short version is that Smith and his allies got to Attorney General William Barr, both through Barr’s former firm Kirkland & Ellis, where Smith’s private equity firm spends $80 million a year in legal fees, and astonishingly getting the national security apparatus, for reasons not specified, to petition for Smith. Why the Robert Smith Non-Prosecution Agreement Stinks Even though America has long been known to have a two-tier justice system, this article lays out how Smith bought his way out of trouble, or at least the normal bad outcomes. As the story states,

Peters Township School District projections show revenue shortfall for 2021-22

A preliminary version of Peters Township School District’s 2021-22 budget shows a substantial shortfall in projected revenues compared with expenditures. The school board Tuesday approved a resolution stipulating a real estate tax increase of no more than 3% for the coming fiscal year. That figure corresponds with the district’s adjusted index under state Act 1 of 2006, which calls for a limit on annual tax increases based on statewide average weekly wages and the federal employment cost index for elementary and secondary schools. Even if the real estate tax rises by the set maximum, to 14.5848 mills, 2021-22 expenditures are projected to exceed revenues by some $2.76 million, according to information presented by district business manager Brad Rau at the school board finance committee’s Jan. 11 meeting.

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