Lionel's view of city budget

Pacifica Riptide/Lionel Emde, Correspondent, 6/8/14.  "City Budget:  What DID I do with that $2.2 million?"

....  "And even better is the loan that time forgot: § Fund 09, Street Construction Fund. "This fund loaned approx. $2.2 million to Fund 22 in 2003. So far, staff has not discovered any repayment of the loan to date so the entire amount is shown as an “outstanding receivable” or “amount due” to the fund. Should we find evidence of any payment, an adjustment will be made."    Read article.  

Posted by Kathy Meeh