ECWCD NEEDS FINANCE LESSON
We paid for Mgr. Lindsay's college courses and we have a commissioner (stout) for at least eight years who is a certified public accountant and they cannot budget recurring revenue(RR) from non-recuring revenue.(NRR)And that its time to give them a lesson in spending and money management---non-recuring revenue which you get one time only and recurring revenue which is the tax revenue they recieve. The NRR was $ 4 million in dirt sales and collected back taxes, so the spend that money on short term expenses( we can only guess) and pay the loans off with RR funds which leaves the treasury short and they keep borrowing money and pay NRR off with RR and short change maintaince which they let get in to such a sad condition which borders on a threat to life and limb of the community and appears to be malfeasease of office.The RR is not advalorum and is constant, their claim they collected 95% back taxes should give them a solid income on which to budget--TIME TO CLEAN HOUSE & START OVE
No comments posted for this topic.