Saturday, June 24, 2006

HERE'S A MULTI-MILLION DOLLAR QUESTION

Who authorized this audit and who paid for it?

Councilman Mark Seabrook stated June 15, 2006 Council meeting:

The Sewer Board had their own Independent Audit on the Sewer Utility.

Could you be wrong Councilman Seabrook about your statement regarding a sewer audit?

Did you mean a financial statement or a complete audit?

BASIC ECONOMICS 101 teaches you that you must prepare a financial statement at the end of every month.

You, Mr. Seabrook, should know the difference between a financial statement and a complete audit.

Melhiser Endres Tucker, CPA'S, prepares a monthly Financial Report to the Sewer Board.

The cost of the Financial Report is paid by the Sewer Funds...