Monday, July 19, 2010

City of Greensboro Information Request

What were the City's total fund balances at the end of 2008/9,
and at the end of 2009/10,
and what are the anticipated year end balances for 2010/11?

What is the statutory minimums for the fund balances for 2010/11?

If the City of Greensboro appropriates fund balances of $30,464,269 during 2010/11,
will the city have appropriated $85,633,808 of fund balances since the beginning of 2008/9?

Page 13, Adopted 2010/11 budget

33,421,883 + 21,747,656 + 30,464,269 = $85,633,808
Was 2008/9's net revenues minus appropriated fund balances $410,080,337?

Was 2009/10's net revenues minus appropriated fund balances $401,020,748?

Are 2010/11's expected net revenues minus appropriated fund balances $393,327,363?


Anonymous said...

Has the Greensboro News and Record reported that City revenues have dropped almost $20 million in three years?

Anonymous said...

If the City is going to go through $85 million in savings in three years, our elected leaders would definately have told the public during the budget process.

And they would have told us how much our revenues are falling.

And if this is true and they didn't tell the public after passing a budget $1 million bigger than last year, they misrepresented the City's financial condition.

Anonymous said...

John Hammer would have reported this by now if these numbers are true.

Anonymous said...

Stop it George.

Just Stop.

If our leaders are not telling us this, there must be a very good reason, for which they don't have to tell us.

Why do we need to know all this nonsense?

Anonymous said...

You always see evil in the actions of government.

I am sure there is a perfectly reasonable explination.

You just don't know what you're talking about.

Greensboro's City Staff would never let something like this happen.

Anonymous said...

Greensboro City Staff would rather spend down all the cash before they have to fire themselves.

Anonymous said...

The Greensboro Coliseum Complex has the following advertising trade agreements
in place for the 2010-11 Fiscal Year:

$90,000 with News & Record in exchange for Club Seats,
[and] Triad Best of Broadway season tickets...

City of Greensboro response to a Triad Watch information request