Sunday, May 4, 2014

Angels Camp City Audit Questionable?

Although we can see that the 2012-2013 audit for the City of Angels Camp may show improvement over some in the past, how can giant sums of money be transferred without Council approval.

   And why is millions invested again in financial institutions, even above what is covered by FDIC? Also, how can the City Manager decide NOT to pay back the $100,000 plus a year loan payment and pay interest only without the Council's approval?  Something smells and it isn't in Denmark!!

No comments: