From Harford County government:
County Executive David R. Craig will address the potential negative budgetary impact the shift of teacher pensions to Harford County will have, should the Maryland General Assembly adopt the Governor’s recommendation.
If the legislature enacts the FY 2013 budget with the shift of teacher pensions to local jurisdictions, Harford County will sustain a $9.8 million debt as a result of such action. The $9.8 million debt could effect a variety of services including, education, police, fire, libraries and non-profit organizations that receive funding support from Harford County Government.
Craig will make his statements Monday afternoon at the Harford County Board of Education’s A. A. Roberty Building in Bel Air. Robert M. Tomback, Ph.D., Superintendent of Schools; Leonard D. Wheeler, Ed.D, President, Board of Education; Sheriff L. Jesse Bane, Harford County Sheriff’s Office; Mary Hastler, Director of the Harford County Public Library; and Randy Cerveny, President of the Harford County Education Association are expected to join him.