>From G. R. Anderson's article: "Running a city is like simultaneously running a great many checkbooks that are all supposed to reconcile when added together. There is enormous potential for creative accounting."
"They acquired debt there so the general revenue fund wouldn't go down" "What you have here is the city essentially borrowing money from itself, from fund to fund" "There was an appetite to do things that was more important than good financial management would permit." "Bad investments have put us in a box," VH comments: I thought that I was reading the Enron testimony to Congress! Vicky Heller Cedar-Riverside and North Oaks TEMPORARY REMINDER: 1. Send all posts in plain-text format. 2. Cut as much of the post you're responding to as possible. ________________________________ Minneapolis Issues Forum - A City-focused Civic Discussion - Mn E-Democracy Post messages to: mailto:[EMAIL PROTECTED] Subscribe, Unsubscribe, Digest, and more: http://e-democracy.org/mpls
