Councilman Dr. Adams Retorts To Jack Schrieber’s Missing-The-Boat Rant Posted In The CCO

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Dr. Dan Adams

REAL TIME TRANSPARENCY

By H. Dan Adams, MD-Evansville City Councilman At-Large

This coming Monday, the Evansville City Council will vote on the transfer of ~$ 8 million from the Rainy Day and Riverboat funds. These transferred funds will be used by the Administration to pay the City’s regular/routine bills.

Normally, the Rainy Day Funds are used for emergencies; the Riverboat Account is set aside for capital projects. Local Option Income Taxes and Property Taxes are used to fund City Operations. According to the Administration, a cash shortfall has occurred because the funds (LIT & property taxes) allotted for city operations have already been spent.

We all have been promised that when the second installment of property tax monies arrives later this Fall, the cash from the loans will be repaid. By State Statute, the loan must be repaid and returned to the Rainy Day and Riverboat funds by 12/31/15.

Previous transfers have been hidden from public view. It was never the intent of the City Council to interfere with the normal financial flow of the City’s capacity to conduct business. It was, however, our goal to inject a degree of transparency into the City’s financial management that allows you, the taxpayer, to understand how, when and where your money is being spent. We must make absolutely certain that Rainy Day and Riverboat Funds will not become a permanent source for City operations and that the police and fire pension funds are never invaded.

Since said transfers have become an apparent recurring issue as opposed to an emergency, I make the following recommendations going forward. The Administration’s bi-annual fund transfer request should go through the Finance Committee. Additionally, the transfer requests should be given to the City Council at least three weeks prior to the move over date of the monies.

This ordinance is the first step in providing you, the taxpayer, with full transparency regarding the Administration’s management of the City’s finances. Let me be clear! I support loaning the Rainy Day and Riverboat funds for operational purposes now. I fully expect the repayment of these loans when the Fall property tax installment is received. However, this transaction must remain transparent.

H. Dan Adams, MD MBA President of the Evansville City Council

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9 COMMENTS

  1. since the members of the council feel the need to transfer the money and go along with the financial mismanagement that is historic with this city, they should transfer the amounts needed on a week by week basis, there fore only the minimum amounts needed to get by would be moved around. The day will come when they transfer the money and it won’t come back, and this day is coming soon unless we get spending under control.

    • This situation remember me of when my kids come to me and said, hey, “I need a loan until my paycheck comes in next week” and it comes and the kid pays me back. Obviously, this is on Friday and then comes Monday. Of course he has paid me back on Friday, but he has sent out checks over the weekend and now needs another loan to cover the weekend checks. These payday loan NEVER are paid back. When in July 2015 the month after receiving the City’s paycheck (Spring Property Tax Installment) Winnecke’s bank account says OVERDRAWN BY 10 MILLION, this loan is nothing but a payday loan. Winnecke and Jack-Wagon says we are flush with cash is Bullsh%&*$t. If, heaven forbid, Santa Lloyd get re-elect, you can TAKE THIS TO THE BANK, he will be sitting on his Tucson patio around 10 am having his Bloody Marty thinking, ” WHAT SUCKERS THEY ARE” and if they were flush, the 2.5 robbery of the Utility Dept at the end of 2014 WOULD NOT HAVE BEEN NECESSARY.

    • Like this week by week idea. It would make the city and the mayor justify each expenditure as it goes out. It would be a pain for all involved but that is not a bad thing either. We would then have a tight view of each dollar spent and where to start cutting first.

  2. Winnecke’s puppets say that the Council is interfering with the funding of government? Well, this should demonstrate the absolute disregard Winnecke has for the Council. Question, if the financial condition of the City is in such great shape, why would on December 29, 2014, Winnecke show up at the Utility Department and rob the Utility Fund of 2.5 MILLION just to get the General Fund back in the black? Hope Bernie Maydoff has access to the Net because he may be able to learn something.

  3. Our Dear Jack-Wagon Schieber’s expertise seems to lay in Marching Bands. Well, if elected, Winnecke will probably put him in charge of Lining up the USC Marching Trojans for the ribbon cutting ceremony for the new motel. What a cast of characters the voters have to choose from. A band organizer, a spoon fed realtor, a wife beater and child abuser, a so-called CPA a/k/a Connie Chunn, a two time at large loser, an alleged sexual pervert, an extender of Tom Shitler, a suspected Muslim (just rumored of course) and an over sexed westside educator. Wow, and Scheiber says dysfunctional. “the pot calling the kettle black”

  4. Just read on the CP the projects of Santa Lloyd in his next term, should we be unfortunate to see. Where in the hell is he planning to get the $$$$$$. Well, with Jack Wagon and Company (reminds you of the Weinzapfel Team) which brought us “Stadium before Sewers) and now we will have Roberts Park, Mesker Zoo, Downtown Student Housing, McCurdy, and no wonder what else and WHO IS GOING TO PAY FOR THIS!!!!!! Practice touching your toes.

  5. If council goes along with mayors transfer loan they indeed are as much of the problem as mayor and controller
    So I guess they are using our city as collateral ,

  6. Be sure of this . . if the council happens to grow a set and votes down the Mad Hater’s request he will run to the State-Controlled media declaring the shut-down and laid off of our police and firefighters. No blame on Santa Lloyd only that “Nasty dysfunctional council”

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