Davenport and Company provided a financial analysis of the city’s new debt. The study is to put in perspective the effect of this new debt on the City’s current financial policies, as well as provide additional information in support of the recommended revisions to such policies.Read More →
There are alternatives to a $120,000,000 new school as discussed and identified through various community meetings. However, the only option that is being advertised to citizens is the $120,000,000 option. From the chart, it appears there are other viable solutions but the referendum is written for only the most expensive option. We have a right and responsibility to look at all options in a thorough and intelligent way to minimize the financial risk while providing space for our growing population. Ask your school and city leadership to give details of all the options – not just one. Read More →
There is no Internal Audit for either entity by Ira Kaylin Ira Kaylin is a former City Council Member and, among other positions, was the Internal Auditor of the Inter-American Development Bank. It was recently reported by Hunter Kimble, as directed by the Justin Castillo led School Board, that our Auditors Brown Edwards have done a careful review of the City and School financial disclosures and found them to be satisfactory; that is, they accurately reflect revenues and expenses and that both entities adhere to formal accounting principles. For all intents and purposes the presentation might well have been made by Justin Castillo or JohnRead More →
