Treasurer’s Message

Treasurer’s Message

When I started as a police officer in 1998, I remember senior officers telling me not to carry my baton because of the backlash against batons after the Rodney King incident.  While that incident occurred in 1991, the effects could still be felt in Sacramento, seven years later and 400 miles away. Police incidents around the nation are constantly molding our departments, their policies and the way we do our job. Read More »

Treasurer’s Message

With all the craziness we have faced this year, I bet many of you have been looking at the calendar to see how soon you can retire. I have seen some officers with apps on their phones that count down the days until the day they have planned for their retirement. Often, officers have two dates in mind: the earliest day they can collect their retirement and the day they reach their maximum retirement benefit. Read More »

Treasurer’s Message

Over the past several years, we have felt intense pressure to “reform” policing in America. Often, the reforms advocated are not well thought out and would make both our communities and our police less safe by placing dangerous and unrealistic burdens on law enforcement officers. Following every high-profile event, we have seen a new demand for police to make additional concessions, often in the areas of officer safety and due process rights. Removing these existing rights would prevent officers from thoroughly safeguarding our communities while also protecting our safety. Often the concessions are forced on law enforcement agencies by pandering politicians in order to appease a loud but very small segment of our community. Read More »

Treasurer’s Message

Hopefully, most of us are accustomed to using budgets to guide us in our personal finances. A budget is an important tool for us to manage our money. A personal or family budget is a fundamental part of good financial management. Our budgets should reflect our goals and priorities. Our budgets should also reflect our best estimate of our projected income and how we plan to expend our income. Our expenses can usually be divided into fixed expenses, and those expenses that change from month to month. Our expenses should also align with our goals and priorities. Our budgets should be flexible enough to adjust to changes that can occur during the year. When significant changes occur to our financial situation, we need to take the time to reevaluate our budget, as well as our goals and priorities. Read More »

Treasurer’s Message

In May of each year, we honor our fallen officers. While this year’s ceremonies have been postponed or changed, we can still celebrate and honor the lives and sacrifices of our fallen officers in many ways. Even during this pandemic, with its required social distancing and stay-at-home orders, we can find ways to remember and honor those who gave their lives in service to their communities. While I am saddened by the fact that we will not be able to participate in the formal and magnificent ceremonies that we have become accustomed to, I encourage all of us to find ways to remember and honor our fallen this month. Read More »

Treasurer’s Message

I am writing my monthly article while we are in the midst of the COVID-19 crisis. Many people are getting sick and some are dying. Families have been told to shelter in place.  The stock market has tanked. Store shelves are empty. Congress is working to pass a stimulus package. Doctors are studying ways to treat patients. Scientists are working toward a cure. There are many questions in my mind. Will someone I know die from this? Will my family or I get sick? Will the economy recover? When will life return to normal? I hope that by the time you read this I will have discovered that all my family and friends have stayed safe, that a vaccine is on its way and that the stock market is on its way to a solid recovery. Read More »

Treasurer’s Message

One lesson I wish I would have learned earlier in my life is to do a better job of living within my own means. One law of finance seems to be that your expenses will always grow to match or exceed your income. As a young father and officer, it seemed that every time I received a raise, my expenses would grow to exceed it. It wasn’t that my expenses grew without my control; I allowed them to grow. Often, I let them grow not when I got a raise, but in anticipation of one. We all know that we often overcalculate the take-home aspect of an anticipated raise. When we pre-commit our new income before it materializes in our paycheck, we can leave our family budgets out of balance, introducing debt and sometimes even ruin to our family’s finances. Read More »

Treasurer’s Message

A career in law enforcement can at times engulf our entire life.
Law enforcement isn’t just an occupation; it can become a lifestyle that affects every aspect of our lives. Often officers develop a sense of distrust in people outside of law enforcement circles, and as a result, they gravitate toward other officers to build relationships and friendships. Read More »

Treasurer’s Message

When we began our careers, the last thing on our minds was our retirements. While most of us have adequate pensions that we can rely on to cover our financial needs in our later years, many of us have not considered our medical needs after retirement.  Medical expenses are significant and have been increasing at a considerable rate. Over the last 10 years, the cost of the average employer-sponsored family medical plan has increased by 55%. In 2018, the cost of the average employer-sponsored family medical plan in the United States was nearly $20,000 a year. Rates in California are even higher. In my city, the cost of family medical, dental and vision is nearly $27,000 a year. Read More »

Treasurer’s Message

The holiday season is a wonderful time of year when families and friends come together to celebrate their beliefs, give thanks, review the year’s highs and lows, and enjoy one another’s company. For law enforcement officers, especially those working shifts that interfere with traditional holiday observances, the holidays can be a time of struggles. For my first Thanksgiving as a police officer, I was assigned to work day shift. As a young man, I was dismayed to discover that my extended family chose not to entirely reschedule Thanksgiving around my personal schedule. I went to work frustrated and without a plan for dinner. I figured that I would just find a place to eat in my assigned beat. Read More »