[speedgibson-announce] New post at Speed Gibson
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Sun May 31 16:33:25 EDT 2009
Hello,
There is a new post on Speed Gibson. You can read it at:
http://speedgibson.powerblogs.com/posts/1243802003.shtml
It begins:
Last week on Tom Hauser's "At Issue" on KSTP-TV,
Governor Pawlenty singled out the City of Wadena
for complaining about LGA cuts while sitting on $1
million in "rainy day" funds. This week, Mayor
Wayne Wolden was on "At Issue" to present his side.
He also President of the Coalition of Greater
Minnesota Cities, which probably explains why
Pawlenty chose Wadena to make his point. Wolden
made a good point that Pawlenty was
mischaracterizing their cash flow account, which
buffers the uneven arrival of revenue with the more
steady departure of expenditures. All cities have
them, usually enough to fund several...
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