Monday, December 29, 2014

Where did the WiFi money go?

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.”



Dorothy Tetro

No comments:

Post a Comment