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5/26/1987
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5/26/1987
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7/23/2015 11:59:18 AM
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Meetings
Meeting Type
Regular Meeting
Document Type
Minutes
Meeting Date
05/26/1987
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r, <br />MAY 2- 6 1987 <br />BOOK <br />Mr. Barton distributed copies of the financial data supplied <br />by Rural Sanitation. (Material is on file in the Office of the <br />Clerk to the Board.) <br />Commissioner Bird asked who did the analysis, and Jeff <br />Barton, Assistant Director of Utilities, advised that he and OMB <br />Director Joe Baird walked Franchise Manager Lisa Abernethy <br />through the financial analysis. <br />Commissioner Bird asked if staff had a chance to go back and <br />analyze the projected expenses under the new ownership, as it <br />appeared to him from the following consolidated statement ending <br />September 15, 1986 that repairs are running considerably higher <br />than repairs done in the same months in the 1985-86 income tax <br />state. He also pointed out that salaries and wages under the new <br />ownership are considerably higher than in the entire previous <br />taxable corporate year. Commissioner Bird wondered if perhaps <br />under the new ownership, we were playing some games with figures <br />as far as padding some expenses. <br />20 <br />
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