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Friday, January 22, 2010

Price of Advice Goes Down In Clinton

County’s price for financial advice down

By JIM RUNKLE - jrunkle@lockhaven.com

LOCK HAVEN EXPRESS-

The Clinton County commissioners will receive their financial advice for 2010 from the same firm they've associated with for the past five years - albeit at a reduced rate compared to 2009.

On Thursday, the board approved a new contract with Susquehanna Group Advisors Inc., which has been tasked with overseeing the county finances and special financial projects in recent years.

Susquehanna Group Advisors Inc., based in Harrisburg, was founded to provide independent financial consulting and advisory services, including public finance and public sector accounting and consulting services, according to the company's Web site.

The company advises 10 counties presently - Adams, York, Jefferson, Fayette, Carbon, Berks, Indiana, Potter, Bucks and Clinton.

The cost to the county for those services in 2009 was $96,522.

This year, Commissioner Adam Coleman said, the board anticipates spending between $60,900 and $70,800, depending on the number of hours actually expended and the level of service provided. More...

3 comments :

Anonymous said...

Could someone please tell me what advice is worth $96,522.00 per year that boils down to $265.00 per day ! WTF ?

Anonymous said...

So...what they are saying here is that we elected 3 commissioners to run our county and they are paying a sub-contractor for advice on how to do their jobs.........correct???

Anonymous said...

So, I am self-employeed. Does that mean I can write off my wife's nagging as financial advice?