Friday, July 23, 2010

How the public sector is killing the tax payer

Check out home of $800,000-a-year city manager

UPDATE: Robert Rizzo and 2 other members of the Bell city administration resigned late Thursday night.

Robert Rizzo, the city manager of Bell, is taking a lot of heat after the Los Angeles Times reported he’s pulling down a whopping $787,637 a year — apparently the highest paycheck for a city manager in California.

The Bell City Council is reported to be seeking his ouster, according to the newspaper. The L.A. District Attorney’s office is looking into the hefty salary.

It turns out that Rizzo lives in Huntington Beach. I couldn’t resist the question: What’s his house like?

Check it out. What do you think? I was expecting something more lavish. Overlooking the ocean or the harbor, perhaps. Or both.

Rizzo’s home isn’t on the market, but Zillow “Zestimates’” it at $883,500 — pretty close to the clutch annual salary. The tax assessor valued the house at $903,000 last year, according to public records.

Follow link in headline for photo of house and man

The City has about 36,000 residents as of 2000 and The median income for a household in the city was $29,946, and the median income for a family was $30,504. Males had a median income of $22,596 versus $17,025 for females. The per capita income for the city was $9,905. About 21.2% of families and 24.1% of the population were below the poverty line, including 29.7% of those under age 18 and 16.7% of those age 65 or over.
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