The Mayor/Council Saga Continues: School Funds

Just when all seemed to be looking up, the Mayor and City Council continues to feud over the Mayor’s suspected (by City Council) withholding of school funds as reported by the Times-Dispatch: Council members accused Black, the mayor’s top finance officer, of defying the law by continuing to withhold money appropriated for schools, despite budget provisions […]

October 19, 2007; 2:55 PM • by Near West End News

Just when all seemed to be looking up, the Mayor and City Council continues to feud over the Mayor’s suspected (by City Council) withholding of school funds as reported by the Times-Dispatch:

Council members accused Black, the mayor’s top finance officer, of defying the law by continuing to withhold money appropriated for schools, despite budget provisions that make the action a misdemeanor offense…

…Further, the audit found that the school system does little to manage its cash flow. As a result, the school administration wastes the opportunity to earn interest on its money by waiting to pay bills until they are due, it said. In one case, the city earned about $3,000 in interest by waiting to pay a bill 11 days longer than the school system had planned.

I like this paragraph, especially since it was mentioned by our 1st District Councilman Bruce Tyler:

Initially, council members urged Black to sit down and talk to school finance officials to resolve the dispute. The Finance Committee promised to schedule a special meeting to settle the dispute. “I would like to see a meeting of the minds on this,” said Councilman Bruce W. Tyler, 1st District.

Only question I have is, after all of this idiotic immaturity, are there any “minds” left for an effective meeting?