IS IT TRUE that the City County Observer has taken it on as a task to do some investigation as to what the status of the 2012 audits are at the other cities in Indiana that have a population of over 100,000 people?…that would only be Indianapolis, Fort Wayne, and South Bend?…all three of these audits were completed and published between September 9, 2013 (Fort Wayne) and November 4, 2013 (Indianapolis)…all three of these cities audits have a Certificate of Excellence for following nationally accepted accounting principles included in their 2012 audit?…the words “DISCLAIMER” and “ADVERSE” are not found anywhere in any of these three audits?…the opinions of all three audits were identically worded by the Indiana State Board of Accounts as follows:
“In our opinion, based on our audit and the report of other auditors, the financial statements referred to above present fairly, in all material respects, the respective financial position of the governmental activities, the discretely presented component unit, each major fund, and the aggregate remaining fund information of the City of Indianapolis as of December 31, 2012, and the respective changes in financial position and cash flows,where applicable, thereof for the year then ended in accordance with accounting principles generally accepted in the United States of America.”
IS IT TRUE the Civic Center Moles are telling us that there is a mad rush to find some other city in Indiana that has gotten an ADVERSE OPINION so they can spin the upcoming opinions as typical and better than last years DISCLAIMER OPINION?…we are actually told that some of the City of Evansville officials in the exit interview were frantically asking the audit team if ADVERSE OPINIONS were common or negative?…the reality of the situation is that an ADVERSE OPINION is the academic equivalent of an F (Failure) and a Disclaimer opinion is the equivalent of an I (incomplete or unintelligible)?…we will save our frantic officials the effort and clue them in that Muncie, Indiana did indeed receive and ADVERSE OPINION in 2012?…we hear that misery loves company so there you have it, Evansville and Muncie are the twin financial reporting dunce cap cities in Indiana?…for all of these other audits to have been completed on time it really makes one wonder just how big of a mess the City of Evansville’s books are in?
IS IT TRUE reflecting on the Republican primary race for County Commissioner it is sort of staggering to rationalize just how Bruce Ungethiem could have defeated incumbent Commissioner Marsha Abell with all of the high powered endorsements and financial advantages that Abell had?…this race may be the political equivalent of the 1967 Texas Western victory over Adolph Rupp’s Kentucky Wildcats in the NCAA Basketball Championship?…Commissioner Abell had the expressed endorsements of Republican Party Chairman Wayne Parke, Commissioner Joe Kiefer, Indiana Lieutenant Governor Sue Ellspermann, State Auditor Suzanne Crouch, State Senator Vanetta Becker, and of course Evansville Mayor Lloyd Winnecke?…Abell not only had the endorsements of these political superstars but enjoyed more than a 3 to 1 advantage in campaign contributions from the big law firms like Barnes and Thornburg, local power broker and banker Bob Jones of Old National Bank, and a herd of organized labor groups?…on top of that the local GOP kicked in a substantial sum of money ($10,000) to help a preferred candidate in a primary against a challenger who is a lifetime Republican in good standing?…this really was David slaying Goliath, Texas Western beating UK, Milan winning the Hoosier Hysteria, or the USA beating the Russians in Olympic hockey?
IS IT TRUE the Vanderburgh County Democrats had better keep this epic victory in mind as they ponder whether or not to run some sacrificial lamb against a candidate with this kind of momentum in a county race?…the damages the Democrats did to themselves in the 2011 Mayoral race with their pinky shake shenanigans may just get magnified if they go all in against an underdog with momentum?…we hear that many big Democrats are already trying to win the favor of Mr. Ungethiem as are the cast of Republicans who “worked like the dickens” to defeat him?
IS IT TRUE the question has been brought up about whether or not Wayne Parke can survive as the Chairman of the Vanderburgh County Republican Party after betting the ranch in a primary on his preferred candidate and losing?…there is also the question of how much liability the Republican Party may have for any alleged restraint of trade issues that may be formally address against either Chairman Parke or Commissioner Abell?…these are questions that the people that make up what remains of the local Republicans will have to answer when they decide how to move forward and who should lead them?…we predict much jockeying for position over the next several months regarding local party leadership on both sides?