Thursday, September 08, 2016

Balancing Act

Great local school-district headline:

'Records: Lincoln-Way superintendent predicted deficit before presenting balanced budget'

Money quote from the story:

'Robert Ripp, a certified public accountant and member of the community group Lincoln-Way Area Taxpayers Unite, said Tingley's 2014 correspondence with the assistant superintendent shows "they factually knew they were deficit spending and they decided to prepare balanced budgets anyway."'

One way of balancing a busted budget
Is just to fudge it.

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