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Two Important Links
WRA January Board Meeting Financials
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Although I was an Economics major, I had to take basic accounting classes.
First go to Exhibit F in the lease:
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Now look at the financials submitted last Friday to the WRA Board:
Please note $715,603 was moved (Adjusted) from the DAIQ number and moved to parking garage bringing net number down to $7,365,711.
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Basic accounting would tell you that these numbers need to be the same??
Big Difference in numbers:
Total difference 2,935,853
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Should not these numbers be the same in each report???
Maybe someone out there is an accounting background can look at these and confirm or correct???
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