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News: Accounting changes from the 14 Jan 2013 council meeting

Update: The council meeting was not useful in understanding the $600,000 loan from the Fire Capital Fund to the Fire Operating Fund. It was also not useful in understanding the accounting change. However, I broke down and made personal inquiries. As always the city staff and the council members were helpful and the one on one information was informative.  But what good is it if only one person outside council knows "the reason" while the rest of the community has to guess?

News: Deceitful Spin – or outright lies, whichever.

I was beginning an article about the corruption indictments that made the news the other day when I decide to document another example of deceptive spin to reference in that article.  This incident occurred during council’s discussion on blackmailing the school system.
 
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If that were to occur today that would be impactful because we have no dedicated
revenue to take on that a couple hundred thousand dollar a year expense.  

So that expense was taken on basically from the general fund.  

So we're just depleting general fund dollars to maintain that payment.  

Because there's no dedicated revenue for it.  

So we're not collecting tax or not collecting millage or anything on that value.  

We're just basically extracting it from what we already collect.

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