- stopbchd
Save BCHD - FROM WHOM?
PUBLIC COMMENT
Most of the damage to BCHD finances is self inflicted.
$2.3M Loss non-reimbursed Covid costs for servicing 84% non-residents (per LA County)
$175M Taxpayer Liability, 30-year liability for allcove building and services operation for SPA8
Failure to conduct any allcove cost analysis prior to accepting $6.3M from the State in return for a 30-year BCHD obligation (NPV is very, very, very negative)
$2.4M Executive Payroll - Over 15% of total revenue paid to 13 executives.
$2.4M Executive Payroll - Over one-third of total payroll goes to 13 executives
$21M Loss - Failure to hold PMB LLC responsible for 514 Demolition, Greenspace, and Parking
$9M Loss on allcove Building - BCHD failed to put the full amount needed in its grant request
$1.7M for 400-feet of bike path - the most expensive in the world per foot according to Google
80% non-resident tenant assisted living - per BCHD's MDS consultant report (zip code level analysis)
91% non-resident service area for allcove - a gambit by BCHD to get more low income and brown demographics for grant writing
95% non-resident enrollees for PACE based on National PACE Association data
THE ONLY 2 PROGRAMS THAT REQUIRE RESIDENCY ARE: BZ Restaurants/Grocery Stores and receiving social work services - EVERYTHING ELSE IS WIDE OPEN FOR NON-RESIDENTS FOR FREE!
CHF is 33.5% non-resident membership and $1.1M subsidy
APlex is $900K subsidy with no residency
SELF INFLICTED WOUNDS!
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