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marcofriend writes:

The City Manager has no credentials to be "City Manager". The City Council and past City Councils have no clue what the Finance Dept is doing, and it is obvious the Finance Dept has no clue as to what they are doing. Not a single STRP District can pay its debt, which is why there is no such thing as a "Cash Flow" statement. Have any of you accountants out there heard of "pooled" accounting? That is what our City does. I think that means dump everything in a slush fund and if we are lucky maybe we can afford to pay our bills.
It is time to wake up. A Utility that ended it's year with a -$4,000,000 and a City Council who wants to raise rates indefinately to pay off a debt that they can't define will certainly lead us into bankrupcy.
Stop this craziness. Get involved citizens. Let your voices be heard.

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