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Let me understand this:
Council President Merolla deposes the CPA that was hired to do a financial projection of the school. He interviews him like he was a trial attorney and had his expert witness on the stand. (what a set up) He then states that the CPA firms numbers are right on the money and there is no margin of error.
However, the same CPA firm performs a financial projection on the city side and Merolla hides it for 10 months. Then when it is leaked to the public, Merolla states that it is filled with errors. Same CPA firm, 1 report spot on , the other NG.
Whats interesting to note is the city financial projection points to insolvency, receivership, skyrocketing taxes, and 130 million dollar deficit over 5 years with maximum tax increases. What would be the motivation for the council president and the mayor not to release that report?
Hmmmm
Please explain the inappropriate content below.