$40,000 Transfer from the Reporter

See "Transfer from Reporter $40,000" above

Imagine my surprise just the other day, when I was asked about $40,000 that had been “transferred” from the Reporter funds into the UCO General Fund.  The implication being that this was done “in the dark” and “was probably illegal”.  How unfortunate it is that some people have nothing more constructive to do with their time than attempt to start unfounded rumors in an attempt to besmirch a person’s character and integrity.  Before making statements of this nature perhaps an inquiry should be made in order to ascertain what actually occurred.

The facts are as follows:

 

This was discussed at the regular monthly open Editorial meeting of the Reporter staff in the summer of 2009 as the budget for 2010 was then in the planning stages.  It was agreed by all present at that time that this was “surplus money” – earned by the staff of The Reporter and there was no objection to moving this sum to the General account in order to reduce payments from the unit owners.  The minutes of this meeting are not available as the paper documents do not seem to exist any longer and I have been denied access to “The Cloud” for the last several months. 

Myron Silverman, one of the current co-editors of The Reporter, was present at that meeting, and as a matter of fact responded to a recent inquiry on this very topic that he did indeed remember what I have described to you.  To further substantiate the validity of this transfer, please refer to the above document excerpted from the UCO Budget for 2010 as adopted by the Delegates on October 2, 2009.  In particular, I call your attention to the line titled “Transfer from Reporter - $40,000”.

 

Dorothy Tetro