Monday, September 28, 2009

HALF THE FISCAL YEAR IS GONE!

-------- Your tax dollars at work ---------

AND STILL
NO FINANCIAL STATEMENTS
FROM SWSDA!

Let's see..... the end of the fiscal year is March 31, 2009..... and we are now six months into the fiscal year .... so why  hasn't the SWSDA financial statement for 2008/2009 been filed with the registry of joint stocks?

I thought Mr. Anderson was an ex-banker and fully cognizant of all things financial..... I guess the emphasis should be on the "ex" part of ex-banker!

In the interim, an organization with significant financial problems is left to drift by our elected officials and municipal councils..... their corporate and personal fiduciary obligations ignored in the wake of an increasing chorus of voices asking questions and demanding audits.


QUESTION 1 !
WILL DIRECTORS' LIABILITY INSURANCE COVER MEMBERS OF BOARDS OF DIRECTORS WHO IGNORE THEIR RESPONSIBILITY TO MONITOR AND HOLD ACCOUNTABLE MEMBERS OF STAFF AND THE EXECUTIVE?!?

QUESTION 2 !

ARE MUNICIPAL GOVERNMENTS RESPONSIBLE FOR THE FAILURE OF THEIR REPRESENTATIVES ON THE SWSDA BOARD TO EXERCISE THEIR FIDUCIARY RESPONSIBILITIES?!?

QUESTION 3 !

ARE PROFESSIONALS LIKE ACCOUNTANTS AND LAWYERS BURDENED WITH A HIGHER LEVEL OF OBLIGATIONS FOR ENSURING THE FISCAL AND LEGAL CORRECTNESS OF THE ORGANIZATIONS THEY SERVE AS MEMBERS OF A BOARD OR EXECUTIVE?!?

2 comments:

Anonymous said...

The mafia killed the motors on a few paper shredders and overdone the cleanup after a few mugs of.... hiccup.Where's Waldo I mean Sterling?

Anonymous said...

Here we go again! Step to the plate and do something for yourself.