But Let’s Indebt the Taxpayers to Build a Hotel

Yeah, screw the taxpayers. After all, we just proved our competence:

After analyzing Macon’s fiscal 2006 financial books, the city’s new auditor pointed out 14 “material weaknesses” and found seven instances of the city not following state or federal regulations as it managed money.

Among the larger corrections City Hall has to make: Macon overstated by more than $15 million the value of its general fund balance at the beginning of fiscal 2006, according to the audit. Rather than starting the year with a more than $10 million surplus in the city’s largest fund, Macon in fact had a deficit of more than $5 million.

2 comments

  1. Bill Simon says:

    Here’s a policy that should be written in stone to the City Charter: The same accounting firm can only serve as the city auditor for a maximum of 5 years, and then a new auditor must be brought in.

  2. Demonbeck says:

    Can we just have one permanent front page post on the Macon hotel for Erick to post in? It would save energy costs…

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