How will the City of Beaumont collect the $21.5 million debt that is keeping them out of a $4 million hole from the State of California when they aren't even requesting it?
I found 9 letters on the State's Department of Finance website (http://www.dof.ca.gov/). Click here for Links to these letters and a brief summary.
John and I talk about the City's efforts to collect the $21.5 million debt the City is claiming as an asset on the 2011-2012 audit they will be ratifying tonight, Tuesday November 6, 2013. Click here to listen.
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It is my opinion the City hasn't made any real efforts to collect the $21.5 million but since the Council isn't willing to allow anyone else to look at the City's internal controls, we have to depend on our council members to know. When you see one of them, ask.
