Beaumont Finance and Audit Committee Meeting Canceled Two Hours Before

What Happened ? Did Someone in Beaumont Finally Google what ‘Disclaimer of Opinion’ Means ?

The Beaumont Audit and Finance Committee Meeting Scheduled for 6:00 p.m. on January 9, 2017, has been Canceled.

Audit and Finance Committee Agenda Included ‘Recommendation’ of 2014/2015 Financial Audit so it could be presented to Council at the January 17, 2017 Beaumont City Council Meeting.

In a normal setting; a Disclaimer of Opinion would elicit an emergency meeting and an immediate firing of the Finance Director and Accounting Staff. But Beaumont has no Accounting Staff and the City Council ‘Approved’ forging the Sewer Financial Statements on July 5, 2016.

The City of Beaumont Removed the Auditor’s Report from the Audit and refuses to release the Report that verifies that the City received a Disclaimer of Opinion of the FYE 2015 Audit.

The Audit and Finance Committee was not created to be a feel-good club. An Audit and Finance Committee is actually an SEC Requirement for every Agency that has Federal Municipal Bonds. It is also a Federal Requirement that each of the Committee Members have knowledge and expertise.

It’s going to be a little hard to claim ‘expertise’ after laughing off a Disclaimer of Opinion. How many of you understand that the Auditors would have not released the Audit without the Auditor’s Report attached?

And no, being the ‘first’ client of the Auditors to receive a Disclaimer of Opinion is not a ‘good thing’.

Source:

Libi Uremovic - patch.com

Relevant Issues

A Clear Conflict of Interest
The City of Beaumont's contract with Urban Logic presents a significant conflict of interest and therefore must be terminated.
Favoritism and Cronyism
The City of Beaumont, under Urban Logic and City Manager Alan Kapanicas, has consistently demonstrated favoritism and cronyism in the awarding of pubic contracts.
Cost to Taxpayers
Urban Logic's contract with The City of Beaumont which allows it to profit from each approved development, along with their on-going practice of awarding high-dollar public contracts to a small group of friends and associates instead of to the lowest bidder, have cost Beaumont taxpayers millions.
Impact on Existing Businesses
The policies of Urban Logic and City Manager Alan Kapanicas ignore the needs of existing businesses in favor of new development and big box stores.
Quality of Life
Urban Logic and City Manager Alan Kapanicas have damaged our quality of life by failing to uphold high development standards, depleting local resources, making local government less accessible to residents, and by destroying the small town feel of the City of Beaumont.
Tactics
Urban Logic protects its ability to extract money from the City of Beaumont at all costs, resorting to intimidation and threats when necessary.