Walnut and the Pea Shell Game Goes On

CITY MANAGER TOM SCHWAB DEFENDS COUNCIL WOMAN LEE AN GARCIA'S ANSWER OR REPLY TO RECALL STATEMENT DURING COUNCIL MEETING.

A question was asked and directed to Council Woman Lee Ann Garcia, and Tom Schwab Spoke. Defending her recall response. Perhaps he should let her defend her own political statements.

However, his answer was a continued use of smoke and mirrors of a magician which would gain the respect of the association of magicians.

Again the Reality of Grand Terrace's Financial Status was misrepresented.

Yes, a Savings account, or a Cash account can have cash in it for 4.8 million for the city and apparently 12. Million for the Redevelopment Agency. HOWEVER, this answer is not what was being asked.

When NORMAL people think of a surplus it is a NET calculation. What Mr. Schwab did not include in his answer is the Amount of DEBT which is owed by the City and Redevelopment Agency.

Yes the City has Debt. Bonds are Debt... to be paid in the future.


WHEN some one says they have a surplus it should be reported NET or after all debt is paid. WE DO NOT have a SURPLUS IF ALL DEBT were paid.

PLEASE ASK FOR THE NET ASSESSMENT OF THE CITY.

LET'S Hope, the REAL GTDAYS costs are calculated and reported. Last year the number of hours spent by city, sheriff and persons paid by tax expense were not known in detail sufficient to asses a real cost.

Steve Berry's statement there is ALWAYS a Public Disclosure of the Income and expenses of the GT DAYS is a flat out un true statement. It was like pulling teeth and took Council Member Millers insistence that a report was done, and released.

In addition we had disclosed tonight a bit of insight on how the finances are handled in the Finance Department.

We apparently purchased an Air Conditioner, and did not have funds on hand available to pay for the AC units. WE have so much surplus, we have to take a loan for the purchase. A loan that creates interest expense. Not only did we do this, we took the money from one account to pay that account, and now the loan has been funded that account will be refunded its funds. Now in business that would be called kiting of funds. In your house hold budget that would be called robbing Peter to pay Paul. This is not something you do when you have a surplus of funds.

Now should this concern you. YES. WHY, well it should concern you be cause it took place without Council being made aware of the funds transfer from Peter to Paul, over a year of the event of the purchase. THIS is unacceptable or should be.

Who can run for what office: A big question for Council Members:

Citizens: Please Consider running for Recall Seats term of 2 years, Mayor, or Council Seat 4 year terms.