Anonymous has left a new comment on your post "Encumber...in Accounting Terms?":
Two wonderful answers to Evelyn's question clearly
reflecting the diversity of individuals reading her Blog.
You can pick whichever makes the most sense to you.
I'm partial to the Sesto reply. He doesn't treat people
like idiots and make them ashamed to ask questions.
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It also reflects the diversity of interest and resources in the community ready and willing to engage.
We have ten year and used to have a five year capital forecast and numbers of reserve funds.
I just never heard them referred to as "encumbered" funds before. The Treasurer has raised the possibility of amalgamating reserves into a single fund..
I do not profess to be an accountant or even a book-keeper. Nor is the need acknowledged.
A Councillor needs to be able to understand what they are hearing. If not,they need to ask and recognize the difference between a sensible answer and baffle gab. They must have the courage to resist when answers are inconsistent and unacceptable and vote a resounding no to a recommendation that makes no sense.
We are not just a ring of pretty faces sitting around the table.
We have a serious purpose. We should be able to call a spade a spade and a consultant contract a boondoggle if that's how we see it.
It is what we were elected to do.
It stands to reason, if a person does the job long enough, a thing or two is learned in the process.
We are looking at another substantial increase in taxes.
I do not believe it can be justified.
It will do no good at all when taxpayers are angry, to argue that, the devil made me do it.
Time to start exercising the authority that is rightfully yours and vested in you by the very people that can either leave you there or toss you aside in 4 short years , time to stop playing nice , demand accountability for dollars spent and get this budget in line with the times. we deserve nothing less and we have the right people at the table this time round to see to it , Let’s Go!!!!
ReplyDeleteIf, as you say, it is the job of staff to advise, why have
ReplyDeletewe not heard the treasurer say loudly and often,
"Folks , you simply cannot afford to do that ?"
Where the heck is Mr. Water Loss ?