Wi-Fi MONEY
– WHERE AND WHY?
I call your
attention to the most recent edition of the UCO Reporter. Let us begin
on Page A2 – Meeting Minutes. In the
third column you can read as follows beginning on the sixth line:
“. . . Jean Dowling made a motion to put Wi-Fi money back
into the General Reserve Account. Motion
seconded by Honey Sager. Vote was taken,
116 in favor, motion passed.”
Now, I
direct your attention to Page A7, Mr. O’Brien’s column specifically. The last paragraph in the first column from the
centerfold at the bottom of the page.
“. . . The delegates also voted to keep the Wi-Fi funds
intact rather than transfer them to the Infrastructure Reserve. These funds will be held in its current bank
account until such time when the Delegate Assembly approves Century Village
Wi-Fi or votes to cease the efforts to install Century Village Wi-Fi.”
Are not
these two statements in disagreement with one another? To further confuse matters toward the end of
his column, Mr. O’Brien says
“. . . The budget was prepared with an expectation of
transferring approximately $377,000 of collected Wi-Fi funds to the
Infra-structure Reserve. This will not
be accomplished. The shortfall of the
Reserve will only INCREASE by
this amount.”
Please note
that the emphasis on increase is mine. So – where
is the Wi-Fi money – General Reserve Account per minutes of the meeting or
Wi-Fi specific accounts?
Remember folks, Abe Lincoln said “. . . but, you can’t fool ALL of the people ALL of the time.”
Remember folks, Abe Lincoln said “. . . but, you can’t fool ALL of the people ALL of the time.”
Dorothy
Tetro
No comments:
Post a Comment