Friday, December 15, 2017

CM looking at ways to dig Bisbee out of financial hole

By Laura Swan
The Bisbee Observer
Bisbee City Manager Robert Smith announced last week that it is going to take Bisbee five years to dig itself out of its current financial situation.
“We have seen spending greater than the revenues and we are chipping away at our reserves.” Smith said, the city has zeroed out its resources and now has to look at ways to become financially sustainable.
During his presentation at the annual Bisbee Economic Luncheon last Thursday, Smith presented three starting point strategies. 
He said, the city needs to tune up its administration and services. “We are looking inward, to improve our operations and processes,  ....read full story (e-subscribers only)

Police and firefighters waiting for lawsuit interest payments

By Laura Swan
The Bisbee Observer
Members of both the Bisbee Police and Fire Departments should soon be paid the interest payment on overpaid Public Safety Personnel Retirement System contributions that were court ordered to be reimbursed from the outcome of the Parker lawsuit.
According to Bisbee Finance Director Keri Bagley, the city finally received notice late in November from the PSPRS as to the interest rate that was going to be used to calculate the amount of money owed to the 19 employees who overpaid into PSPRS.
According to a Nov. 21 letter from the PSPRS, “Members of PSPRS impacted by the Parker lawsuit are entitled to collect 5.25 ....read full story (e-subscribers only)

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The Bisbee Observer serves an area of more than 10,000 residents in the communities of Bisbee, Douglas, Naco, McNeal, Double Adobe, and Palominas / Hereford, Sierra Vista, in Southern Arizona.

The Bisbee Observer is the community newspaper and has been published since 1985.

The Bisbee Observer is the Official Newspaper of Record for the City of Bisbee.

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