Getting Answer's is Just Like Pulling Teeth! Another Request Tactically Ignored? What is Being Covered-up in YMCA Financials?
From: Mark Schaefer [mailto:mark@mark-schaefer.com]
Sent: 11/11/2013 9:42 AM
To: Greg Kisela
Cc: Bob Ford; Dennis Kennedy; Don Burnette; Drew Bastian; Margaret Roberts; Mayor Green; ‘Saunders, Wayne’
Subject: FW: YMCA Assigned Reserves
Wayne,
Do you have the reconciliation done for the other reserve account that had about $800.00.00 and was off by the comparable amount of -$200.000.00? You were going to send a copy of the reconciliation after our last Audit and Budget meeting. It would be good to have a copy of the reconciliation before the City Council meeting next Tuesday.
Thanks,
Mark Schaefer
3606 Donna Street
Port Orange, Florida 32129
386-316-1206
Sent: 11/11/2013 9:42 AM
To: Greg Kisela
Cc: Bob Ford; Dennis Kennedy; Don Burnette; Drew Bastian; Margaret Roberts; Mayor Green; ‘Saunders, Wayne’
Subject: FW: YMCA Assigned Reserves
Greg,
If I am understanding this analysis correctly, the CAFR that was issued in June for 9-30-2012 overstated the YMCA reserve by almost $200,000.00. What that be the correct assumption?
We still do not have any documentation on:
- The $35.000.00 of interest added to the reserve.
- A few word explanation to describe the expenditures.
- City Council resolution on the additional $2,812.50 monthly reserve for the YMCA.
Thanks,
Mark Schaefer
3606 Donna Street
Port Orange, Florida 32129
386-316-1206
Sent: 11/08/2013 4:32 PM
To: Corey Berman; Ivan Cosimi; Jack Wiles; Joe Fazzie; Laney, Sonya; Mark Schaefer; Ted Noftall
Subject: FW: YMCA Assigned Reserves
Please see attached documents as requested to be provided to the Board by Member Schaefer.
Robin
CITY CLERK
CITY OF PORT ORANGE
1000 City Center Circle
Port Orange, FL 32129
TEL: 386-506-5563
FAX: 386-756-5290
Sent: Friday, November 08, 2013 4:11 PM
To: Fenwick, Robin
Subject: YMCA Assigned Reserves
Robin, attached are two documents regarding the reconciliation of the YMCA assigned R & R reserves as requested by Mark Schaefer.
Wayne Saunders
Finance Director
The way the Port Orange YMCA has evolved its request for money from the tax payers of Port Orange is troublesome to me. The attempt started out in the open in front of the city council and the public, and then after problems were voiced about granting the loan, the endeavor retreated into private meetings with city council members, which some posit were not secret. But I do not think the details of such meetings were fully explained to the public. Now it seems after all this time we have some financial reports not properly ready for inspection. I do not like all of this. — hank
Mark,
Yes. That information is included with the backup materials for the YMCA agenda item for next week’s meeting. It includes the detail for both the required reserves and the unassigned reserves. If you have any questions, do not hesitate to contact me.
Wayne Saunders
Finance Director
Wayne,
I looked on line and I did not see anything posted yet. Can you email it to me?
Thanks,
Mark Schaefer