Hey, did you hear the one about the government agency created in the 19th century to invest the money of township school districts and then in the 21st century decided it was high time to also do the same thing for municipalities?
Well, that’s what’s going on now in Lyons Township, where the Township School Treasurer’s Office Board of Trustees voted recently to take on the village of Bridgeview as a client. We hope the citizens of Bridgeview are ready to see their hard-earned assets going to fund a government agency that was chloroformed for every county in the state – save for Cook County, naturally – 60 years ago.
The Lyons Township School Treasurer’s Office has a long and notorious history as a place where political connections make sure friends and family are well cared for. Heck for more than 100 years, the office was run by a member of the Vial family, one of LaGrange’s founding families.
An article in the Aug. 23, 1953 Chicago Tribune reported that the then-township school treasurer, Jennie Vial, had held the post since 1940. She succeeded her father, Joseph Vial, who had been the township school treasurer from 1900 to 1940. Jennie apparently took over the job due to her dad’s ailing health. He died in 1941.
Before Joseph, the office was led by Joseph’s uncle, Robert Vial, who assumed the role of township school treasurer way back in 1857.
It’s not clear when Jennie Vial gave way or to whom, the Chicago press never gave the agency much ink, a tradition that continues today.
But every once in a while, we like to remind folks what their property tax payments to Lyons Township school districts – except for Lyons Township high School, they were finally able to free themselves in 2021 – helps support.
Take for example the salary and benefits enjoyed by Lyons Township School Treasurer Kenneth Getty.
Director-level employees of municipalities are often very well paid and enjoy handsome benefits, which reflect the responsibility they take on and the public scrutiny they often face from a public not always appreciative of those efforts.
But the two-year contract extension for Getty approved by the TTO board in November – which doesn’t even go into effect until July 1 – really takes the cake.
Getty was appointed to the job in 2018 at a salary of $140,000. His new salary after five years on the job will be $185,000, a total increase of 32 percent during that time. Anyone else out there get 6-percent raises in each of the past five years?
But wait, there’s more.
Getty will get 35 paid days off in addition to 11 paid holidays for a total of 46 paid days off each year, amounting to more than two months of paid time off each year. And 100% of his health insurance premiums. And 100% of his pension contributions And an amount equal to 5% of his salary paid annually into a 401k plan of Getty’s choosing.
That’s what you’re paying for.