Plantation mayor's audit demand offends youth sports league lea...
- Posted in the Plantation Forum
Comments (Page 6)
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“Disabled doesn't mean can't!”
Joined: Dec 7, 2006
Comments: 1376
Fort Lauderdale
ISP Location:
Fort Lauderdale, FL
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I can't believe there is possible theft at PAL!
It should be squeaky clean, like Administration has been! No backroom favors for lobbyists. No special favors for developers or special interest groups! That is why I moved here! Pure honesty, integrity, and the real American way of life! |
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OBVIOUSLY THE CITY AND ITS RESIDENTS ARE NOT FAMILIAR WITH THE PAL FINANCIAL ARTICLES:
Has city bothered to read reports? Or just listen to the squeaky wheels. ARTICLE 11 FINANCIALS 1 PAL will file with the Department a copy of its annual financial report, including all revenues and expenditures. PAL will also provide at PAL's monthly meetings a copy of its monthly revenue and expense report to the Department's Athletic Supervisor. The revenue report will include a line item for resident and non-resident registrations. 2. PAL will be fmancially responsible and accountable to the City. Therefore, at the end of PAL's fiscal year and no later than ten (10) days from the filing date in compliance with Federal Department of Treasury reporting requirements, PAL, shall supply a copy of the financial report and non profit tax. return prepared by a C.P.A., including revenues and expenses for all Recreational or Travel Programs. Such reports will be sent to the Athletic Supervisor. 3 Upon written notice and within a reasonable timeframe, the City reserves the right (at the City's sole expense) to perform a detailed audit on all or part of the PAL organization's financial reports, and to such end, PAL agrees to~supply source information and data necessary to perform such audit in accordance with generally accepted accounting principles. |
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All the squeaky wheels are goint to do is take $12,500 out of the kids program to pay for the audit! Morons |
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I agree - they should be audited if they have nothing to hide then what's the problem. Can't wait to hear the results.
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