Tuesday, August 31, 2010

BILOXI MAYOR CUTS HIS OWN PAY

"You have to give this Mayor high marks for doing such an honorable thing, such a helpful thing for the beautiful city of Biloxi. In times like these or any other, it's not often that people in power care enough to do a good and "right thing" such as Mayor Holloway has done. He has always been high on my list of people I admire, but he's just moved on up that list for sure.

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Mayor Holloway Reduces His Salary by Nearly 80 Percent

" 'When City Council members begin reviewing Mayor A.J. Holloway's proposed budget for the Administration Department on Tuesday, they'll notice the mayor has cut his own pay by nearly $90,000.

"Instead of drawing his $115,900 annual salary, Holloway has reduced his city pay by nearly 80 percent to about $27,000 a year.

"To be honest, it's a win-win situation,' Holloway said. 'I've been paying into the state retirement system for nearly 34 years at this point, and tax-wise, it works out better to begin drawing some of my retirement funds -- better for me and better for the taxpayers of Biloxi. This move saves the city nearly $90,000 a year, which is significant in these budget times.' "And, the mayor said, he plans on showing up for work every day, regardless of the pay.

" 'Frankly, I enjoy the work,' Holloway said, 'and we have a great deal more to accomplish. I could go for another six to eight years.' "

Released by Vincent Creel, Public Affairs Manager, City of Biloxi
(from "Bmail" - Newsletter from the City of Biloxi)

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