For some reason, there is a blogger in town who likes to dispute what I write (he's always scrutinizing everything it seems) along with his four invisible and sometimes hateful friends. This time it has to do with Enterprise Funds. He made a big to do on his blog using arrows and pointers, etc. and declaring how stupid I am when I wrote that the Beach Fund was NOT an Enterprise Fund after I pointed out his Hudson Holdings friend, John Szerdi's mistake calling it as such at the Hudson Holdings presentation at the Lake Worth Casino Ballroom. He too works for Hudson.
If he were to go to the 2015 Budget, the one in which we are still operating, and go to page 65, it explains our Enterprise funds and what exactly are included there.
According to our financial director, the following explains what is included in our Enterprise funds that are used to account for operations that are financed and operated in a manner similar to a commercial enterprise, where the intent of the Commission is that the costs of providing goods or services to the general public on a continuing basis be financed or recovered primarily through user charges. The City operates the following enterprise funds:
401--Electric Fund
402--Water Fund
403--Local Sewer Fund
405--Regional Sewer
406--Regional Sewer R & R
408--Stormwater Utility Fund
410--Refuse, Collection & Disp
480--Storm Water Utility Fund
Please note--there is NO Beach Fund listed.
On page 50 of the 2015 Budget, it shows that the Beach Fund is a Special Revenue Fund. So, if the bully would like to learn anything, I invite him to read my blog. I do the research. He does the bullying.
haha, he has been a pain in the butt for years. Forget about him. he enjoys acting the authority.
ReplyDeleteHe just doesn't want to drink the water! He knows but trying to twist the truth. Kind of like how he goes off when we talk about selling the beach and he is either so stupid and thinks we are talking about the actual beach sand or just likes to play twisting the truth to try and distract because he is such a stooge for the Developers. Of course, getting paid to be a stooge was even better for him.
ReplyDeleteEnterprise Funds vs Enterprise Zones
ReplyDelete(like Enterprise Florida) are two
completely different animals.
In essence:
ReplyDeleteNo general obligation bond (34 years)
Shorter term on this loan (30 years)
Less interest on this loan
Lower water rates
I would expect nothing less from Wes the Mess. Consider the source: this is a person who also sees no conflict of interest in working for HH while sitting on boards that make rulings affecting them. Ever wonder if any more are so employed on other boards, maybe planning and zoning? Just like Dirty Szerdi actively working for a secret process to award our public park beach property to them as a sitting Commissioner while also working for them. And then pompously grandstanding repeatedly about all the 'rumors, lies and falsehoods' inflicted upon poor him. It was all true and simply exposed the ongoing corruption in our city government. How many times do you have to repeat a lie before it becomes a perceived reality?? How does infinity sound...seems like the right number to me.
ReplyDelete