Archive for April 2024
THE 2023 $600,000 BUDGET SURPLUS & THE BOTTOM LINE!
I had a cordial email exchange with Jim Mayfield who exits the Treasurer post in less than a week. We agree on so much usually and his assessment of the tax consequences if directly applied to the Reserves is a taxable event. He is right. There is still a way to get the money rightfully…
Read MoreDISCO DIS WAY & DISCO DAT WAY!
DISCO DIS WAY and DISCO DAT WAY! What a glorious night with BOB BUSH and FRIENDS at the BEACH HOUSE last night, So much fun and so much talent in the house to sing the songs we all love to remember. Some of you came. A packed house. So here are a couple shout outs:Kathy…
Read MoreYORKTOWN IS A FINANCIAL DISASTER!
The March numbers are posted to the website and Yorktown lost $34,374 in March and for the January – March 1st quarter excluding utilities and insurance the loss is $103,554. Adding in insurance and utilities the quarterly loss is about $125,000+ is my best guess. The budgeted annual loss for 2024( excluding utilities and insurance…
Read MoreUNDECIDED VOTERS? DOES IT MATTER?
UNDECIDED VOTER? DOES IT MATTER? This election is so important because it all gets down to Sandy Seddon and if the current board majority or chosen replacements remain in power I guarantee you that Sandy Seddon will get a new 3 year contract with a substantial raise. Steve Anderson would have given it to her…
Read MoreREBUTTAL TO NEXTDOOR MISINFORMATION!
It was brought to my attention that NEXTDOOR has a post that totally misrepresents my interactions with Candidate Spencer Haneline. On March 27 after viewing and reading the Berman attacks on his blog I wrote Spencer the following email. It speaks for itself. Draw your own conclusions. The poster on NEXTDOOR clearly aligns herself with…
Read MoreWHEN DOES GETTING OLD GET OLD?
I really don’t know the answer to that question. Perhaps for some it might be when they finish their bucket list. I really didn’t have a bucket list until a couple years ago when my list was created with one item on it. In a future post I will write about it.For some, getting old…
Read MoreA UTILITY ANALYSIS REVEALS BIGGER WOES FOR YORKTOWN GRILL!
Some of you may remember President Steve Anderson’s pledge to include utilities and insurance in the overall cost detail of the restaurant. Then he reneged on that promise. I was curious as to how big a problem it was. How much more could it be that we are not acknowledging? The Restaurant has operated full…
Read MoreFOOL ME ONCE SHAME ON YOU!
I have said from the beginning that the restaurant was a bad idea for SCA to take 100% ownership. It was too much of a financial risk( projected losses for 4-5 years and based on false assumptions). That’s my bias as I have said that the sooner it fails the more money we will save.…
Read MoreDAVID BERMAN: THE SMEAR MERCHANT FIRES A BLANK!
David Berman refers to me on his blog as a dissident as if that is a pejorative. Pejorative means expressing contempt or disapproval. A dissident is a person who opposes official policy especially that of an authoritarian state.I am a dissident by that definition. I oppose SCA’s official policy of not providing transparency by providing…
Read MoreFIRE MEMBERS OF FINANCE & AUDIT COMMITTEES.
The Treasurer by charter is the head of the Audit Committee. He can only be terminated by not reelecting him or changing the charter. The current Treasurer is not running for reelection therefore as of May 1, 2024 he will be gone.All other members of both Finance and Audit Committees ought to resign or be…
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