Latest update April 23rd, 2024 12:59 AM
Feb 28, 2016 Letters
Dear Editor,
Though it shall be grossly unfair, the new Councillors who will be elected on March 18 to govern Georgetown for the next three years will be met by an empty and broken Treasury. Worse than meeting an empty Treasury they shall be met with a monstrous overdraft of tens of millions of dollars. So they will not only be deprived of have anything to spend but will have to use their energies repaying this huge loan (overdraft to the bank).
It is clear that this present administration of the Council is in a race for time trying to spend every last cent they can get their hands on under the guise that they are cleaning up the city for the Golden Jubilee, before the new Council arrives and brings some orders to the madness taking place at City Hall.
This is bad fiscal management; this is dishonesty at best, and it is just plain and simply wrong and must be stopped immediately. Of course the first thing the new Council must do is have a comprehensive forensic audit that should cover if not the life of this present Council then for the last seven years which would undoubtedly turn up some very interesting facts. Public Officials must be made to understand that the taxpayers’ money is not their own to spend as they like, filling their pockets and that of their friends, but must be spent prudently and lawfully.
Sean Moniz
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