http://web.archive.org/web/20040708041151/http://www.cafrman.com/
To have a better understanding of what a Comprehensive Annual Financial Report (CAFR) is. It is prepared annually.
Gerald R. Klatt
Lieutenant Colonel, USAF (Ret.) Passed away in 2004.
First Career:
Lieutenant Colonel, USAF, Retired
Education:
USAF Special Investigations School (FBI)
USAF Special Counterintelligence School (CIA)
Defense Language Institute – Chinese Mandarin
Experience:
Special Agent/Commander, USAF Office of Special Investigations – 20 years
Second Career:
Education:
Bachelor of Science in Industrial Business
Extensive post graduate work in accounting (Approx. 35 semester hours)
Masters Degree in Business Management
Professional Military Comptroller School (Equivalent to a Masters degree in Comptrollership)
Air Force Audit/Management System (B3500)
Auditing Data Processing Systems (USAF)
Former member of the Associations of Government Accountants (AGA)
Former member of the American Society of Military Comptrollers
Former Certified Cost Analyst (CCA) with the Institute of Cost Analysis (Certificate Nr. 233)
Experience:
Auditor/Commander, Air Force Audit Agency – 6 years
Federal Accountant –working primarily in the area of analyzing administrative costs for Federal cost reimbursement for States, counties, cities, universities, non-profit organizations, hospitals, Indian tribes, etc.
Worked with the Comprehensive Annual Financial Report (CAFR) for 15 years.
There is More
In 1984 CAFRman used a similar economic impact analysis as explained in this site, with the help of Dr. Donald Ratajczak, Director, Economic Forecasting Center at Georgia State University.
At that time the above governments and some private organizations were
reluctant to prepare proper cost allocation plans to receive full
reimbursement for their costs in administering Federal programs. CAFRman
prepared an economic impact analysis to demonstrate the full impact of
their lack of concern for administrative cost reimbursement. From that
time on, Governors, mayors, etc. were ordering complete and
comprehensive cost plans.Also in 1984, CAFRman created what is now called Cross-Allocation Methodology for allocating administrative costs. Today, almost all of the organizations mentioned above and many companies use Cross-Allocation Methodology in their costing systems.
Purpose of This Site:
Prove that State and local governments have huge excesses (surpluses) of the taxpayers money they are not using.Provide
the methods/tools for about anyone to determine the amount of surpluses
their State and local governments have of their money.Demonstrate the huge economic impact if these surpluses were returned to the people.Provide
a guide to the type of legislation that should be in place in order to
prevent the surpluses from accumulating in the future. Provide a system for a small group of individuals to make an impact in their community.Submitted by Paul Emde
9 comments:
Paul, where is the surplus money? Specific to Pacifica, I still don't understand the point you are making: "...local governments have huge excesses (surpluses) of the taxpayers money they are not using."
Best I can find on google other than "Gerald R. Klatt's website is reciprocal-allocation method.
What is a Comprehensive Annual Report? Question to google, here it is: Comprehensive Annual Report. Note: there is no homage to anyone on these reports. I suspect the methodology is an evolutionary process, to which Klatt with his experience may have contributed (even substantially).
These Comprehensive Financial Reports related to Government vary in style, but share in common certain accounting methods. Example Report.
"reciprocal allocation method
QUESTION,FROM CATHY about CAFR
Walter:CAFR1.COM
I find your website VERY interesting and not sure I understand it clearly. I want to share the info, but not until I understand it myself.
How would you challange state legislators on the issue? Shouldn't they know this information? Would the state treasurer know this?
Cathy
CAFR1 REPLY TO CATHY
Cathy:
Basics are:
1. Government (Senators; Congressmen; Governors, etc. in the loop) have promoted budget reports to the public and budget reports primarily show where tax income is taken and then applied. Also a budget report is designed around a one year projection. With government doing this they have created the impression they survive off of tax income. And yes the state treasurer and legislators know this more or less based on their degree of involvement with the investment funds and enterprise operations.
2. The true accounting is the CAFR (Comprehensive Annual Financial Report). The CAFR shows gross income for the whole picture. Tax; investment; and enterprise. Additionally it is not showing "for the year" but the end result of decades of growth. When a CAFR is completely digested in many cases a local government is bringing in more each year from investment income then tax income. Keep in mind what taxation is, it is a revenue source just as investment and enterprise income is also.
3. There has been an organized blackout by government; the syndicated media; education and both political parties over the last 65 years NOT to mention the CAFR and to only mention the selectively created budget reports due to the money and power behind the wealth shown in the CAFRs. Substantial wealth that has allowed for the systematic takeover by investment of the banks; insurance companies; fortune 500 companies, ect., done a little bit by little bit each year over decades to where collective government has more ownership and wealth generation than Russia ever dreamed about in the 30's and 40's. Keep in mind the reason you have a void in your comprehension per this issue over your lifetime is due to the maintained blackout orchestrated due to the money involved. You were not meant to know. If the public knew this was going on they would have stopped it 50 years ago. But being that the orchestration was so effective collective government HAS taken it all over by investment and the blackout continues.
4. What I bring forward per the TRF (Tax Retirement Funds) is that just in like as a government pension fund pays a salary and benefits at retirement TRF funds can be established to pay (replacement revenue source for taxation) any local government's expenses and thus taxation can be phased out and eliminated.This will not be easy being that the collective power base established by government acting as a "corporate" fine tuned watch at this time through their takeover of it all over the last century makes the Roman empire look like kids selling lemonade on the street corner in comparison. Also being run by attorneys doting the "I's" and crossing the "T's" to walk with massive cash now and at the same time locking in the productivity value of the next seven generations as the public is masterfully entertained in La -La land for distraction value designed to maintain the void in comprehension for the public not to have a cognitive thought as to the basics I brought forward above and done so again DUE TO THE MONEY AND CONTROL INVOLVED.
The above are the four points that are as simplistic and clear as I can make it.
Walter Burien - CAFR1
P. O. Box 2112
Saint Johns, AZ 85936
Tel. (928) 445-3532
Sorry Kathy. My first response didn't show up.
I was telling you that Pacifica may not have a surplus. I put these Cafr's on the site hoping that people with good accounting skills can utilize them as Walter Burien and the late Gerald Klatt did to find any surplus funds not only at local levels but county, state and fed too.
Burien emailed me the question from a Cathy. I thought you may want to see his response. He is very hard to understand most of the time.
Hope this helps.
Thanks Paul, we'll both continue to learn about CAFR, and the budget process (hidden, transparent and projected) along with other interested citizens.
Lionel Emde and Bill Collins got many of us focused on the local unfunded accelerating city government pension issue prior. Then we also became aware the problem affects government at the county, state, states and national level. Oops.
classic conspiracy theory nutjob
Anon 8:44pm, please explain with some intelligence rather than none.
"an organized blackout by government; the syndicated media; education and both political parties over the last 65 years ... that has allowed for the systematic takeover by investment of the banks; insurance companies; fortune 500 companies ... the maintained blackout orchestrated due to the money involved. You were not meant to know ... the orchestration was so effective collective government HAS taken it all over by investment and the blackout continues."
How do you imagine that the organized blackout orchestrated by the government, media, education, and both political parties has been kept secret from the rest of us for 65 years? Wait a minute - we ARE the government, media, education, and both political parties. We have met the enemy and They are Us.
Like I said, classic conspiracy theory nutjob.
"Keep in mind the reason you have a void in your comprehension per this issue over your lifetime is due to the maintained blackout orchestrated due to the money involved."
No, the reason it's hard to comprehend this, to understand the point that's being made, is because the underlying idea makes no sense. And any challenge to its incoherence is met with the conspiracy theory that half of the populace has orchestrated a blackout to keep the other half from comprehending the issue. It's not that there's an orchestrated blackout to keep people from understanding it; it's that the idea is wrong in the first place.
"If you can't explain something simply, you don't understand it well."
- Albert Einstein
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