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Colonial Beach, VA

C.I.P. Discussion

Well you have a legal problem according to your interpretation, time for the bottom feeder to get involved. The audit reports a different situation as you can see. I have no dog in the fight and was commenting based on the reference information. TC needs to exercise whatever authority it can since it is the ultimate financial fiduciary and has to be accountable to the taxpayers. When the shell game finally ends somebody will be standing without a chair :) Under your situation I can understand a call out :)  (9 hrs ago | post #14)

Colonial Beach, VA

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OTB for me :) In the "Wizard of Id" a few days ago the "magic words" were : Wood Chipper  (19 hrs ago | post #4156)

Colonial Beach, VA

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That's good stuff, I think we still have some from Cali :) King Cobra  (19 hrs ago | post #18138)

Colonial Beach, VA

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I just put "sugar" on Facebook :) That reminds me I'd like donuts w/ Clear Glaze  (19 hrs ago | post #4913)

Colonial Beach, VA

A to Z: names of music artists

N -Wayne Newton  (22 hrs ago | post #294)

Colonial Beach, VA

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Liner Plastic  (22 hrs ago | post #4154)

Colonial Beach, VA

A to Z of song titles

Late For My Funeral- Mike Stinson https://www.youtub e.com/watch?v=LNJF UomPtfY&list=R DLNJFUomPtfY  (23 hrs ago | post #216)

Colonial Beach, VA

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Lots of lint can cause a:) Fast Fire  (23 hrs ago | post #18136)

Colonial Beach, VA

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Promise Made  (23 hrs ago | post #4911)

Colonial Beach, VA

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Cup Shelf  (23 hrs ago | post #4152)

Colonial Beach, VA

C.I.P. Discussion

The accompanying financial statements present the Town and ITS COMPONENT UNIT an entity for which the Town is considered to be FINANCIALLY ACCOUNTABLE. The discretely presented component unit is reported in a separate column in the government-wide financial statements to emphasize that it is legally separate from the Town. Discretely Presented Component Unit: The Colonial Beach School Board was created by the Town as a separate legal entity to oversee the operations and management of its publicly funded primary and secondary schools. While the Town does not appoint members to the Board, the Town approves the School BoardÂ’s budget and issues debt for the School BoardÂ’s benefit and provides significant funding for operations. The School Board does not issue separate financial reports." The town controls and is responsible for the "whole" government budget. What else do you want? Same way the congress is supposed to control the exec branch, by the purse strings.  (23 hrs ago | post #12)

Colonial Beach, VA

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When concrete guys throw a party :) Cement Mixer  (Thursday | post #4150)

Colonial Beach, VA

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Artists Showing  (Thursday | post #4909)

Colonial Beach, VA

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Yes it did :) Balancing Act  (Thursday | post #18134)

Colonial Beach, VA

C.I.P. Discussion

I'll give you the short answer :) CB is responsible for both budgets, that is my "back off the mag x1" comment. You are just rearranging the deck chairs :) It's accounting smoke and mirrors in the end. I think I saw a warning about FAS Accounting "value" check approaching. That may be a game changer. Both movement accounts were non-spendable so true cash value is debatable. Unfunded Liabilities as with the nations debt clock would be interesting to investigate. Then again I could be wrong from 477/70/NDIF :)  (Thursday | post #10)

Q & A with WTCSRET

Headline:

Detroit Steel

Hometown:

Colonial Beach and Wash DC

Neighborhood:

Bluff Point and C St SE

Local Favorites:

Wilkersons

I Belong To:

FRA and NNWA

When I'm Not on Topix:

I'm doing Albuquerque!

Read My Forum Posts Because:

There is something there

I'm Listening To:

otis Gibbs

Read This Book:

Countdown To Zero Day (STUXNET)

Favorite Things:

AM/FM in cell phones

On My Mind:

Learning more than teaching :)

Blog / Website / Homepage:

http://www.navynucweps.com/

I Believe In:

Lowest achievable stupidity= King George Troll