Friday, February 26, 2010

White Lie or Webb Lie?

In the October 20, 2009 Springdale Chamber of Commerce Board of Directors Minutes, President/CEO Perry Webb reported after reviewing the July, August and September financial statements he had to transfer $50,000 from the Chamber's reserve account to the operating account.

Webb goes on to say that this is the first time in fifteen years this had been necessary.

That being the case, I wonder what this $100,000 transfer from the reserve account to the operating account made much less than fifteen years ago (June 2008) was for.

2 comments:

  1. PLEASE FIX THE HYPER-LINKS. Not doing what you intended.

    TY.

    ReplyDelete
  2. Thanks L. I believe it is fixed.

    ReplyDelete