IS IT TRUE that the Evansville Brownfields Corp was just awarded the management contract for the soon to built parking garage and the new downtown Hotel?  …we are concerned that a Brownfields board member may have a conflict of interest by serving on the Evansville Brownfields Corp Board of Directors because she is the lead consultant for the building of the Downtown Convention Hotel and the parking garage?
IS IT TRUE on Monday City Council meeting City Controller Russ Lloyd Jr came before the group of apparent simpletons (City Council) to sell them on the proposition that the State Board of Accounts is an organization lacking in talent and audit expertise? Â …it looks like he was successful?
IS IT TRUE the State Board of Accounts issued a supplemental disclosure of the State audit claiming that the General Fund balance as presented by the Winnecke administration was materially incorrect? …we wonder why City Controller Russ Lloyd Jr CPA don’t understand the State Board of Accounts supplemental disclosure report claiming that in 2014 the City of Evansville had a deficit of $6 million dollars?
IS IT TRUE we hear that the State Board of Accounts discovered that City Controller Russ Lloyd Jr may have mis-stated the General Fund balance?  …the SBOA found Lloyd Jr borrowed money earmarked for 2015 from the Water and Sewer Department to prepay  obligations the city had in 2014 in the grand sum of $2,440,000?
IS IT TRUE we are hearing that the State Board of Accounts may have discovered the that the City  failed to transfer money from the General Fund to the City Hospitalization Fund over $3.7 million in order to pay for our city’s employees’ medical bills? …by doing so it had the effect of overstating the General Fund balance by $3.7 million?
IS IT TRUE that the State Board of Accounts discovered in 2014 the City’ of Evansville did not properly reconcile it’s books and records to the bank balances? …that the State Board of Accounts reported that the combined errors in the City bank reconciliation account was off by $660,000?
IS IT TRUE we heard the City’s General Fund was negative 10 out of 12 months?  … when Mayor Winnecke, “ was told this he looked like a deer in head lights and made no comment?
IS IT TRUE that Riverboat Funds according to the 1995 City Council Resolution are to be used for capital improvements for firetrucks,  police squad cars, etc?  …these funds from this account must be approved in each year’s budget hearings by the City Council.?
IS IT TRUE at the end of  December 2015, Tropicanna prepaid $12,500 million to the City that represented future rental income to be used to purchase future firetrucks, squad cars, etc.?  …Russ Lloyd Jr did this  without formal approval from City Council to moved future prepaid revenue from the Riverboat Fund into the General Fund order to help disguise the City deficit spending habits?
IS IT TRUE that in May of 2015 City Controller Russ Lloyd Jr failed to transfer nearly $4 million from the General Fund to the Hospitalization Fund?
IS IT TRUE that Russ Lloyd Jr received an advancement on City Revenues earmarked for 2016 in the amount of $1.4 million from the Evansville Water and Sewer Utility Department?
IS IT TRUE we wonder when members of the main stream media are going to do some serious investigative reporting that will expose the real truths about the obvious financial mismanagement  and over spending habits by the City of Evansville?
FOOTNOTES: Our next “IS IT TRUE” will be posted on this coming Friday?
Please take time and read our newest feature article entitled “HOT JOBS”posted in this section are from Evansville proper.
If you would like to advertise in the CCO please contact us City-County Observer@live.com.
Todays “Readers Poll” question is: If the election was held today for State Representative District 77 who would you vote for?
Copyright 2015 City County Observer. All rights reserved. This material may not be published, broadcast, rewritten or redistributed