[Vision2020] Misplaced $377,000 Found in Prison

[Art Deco aka W. Fox]

Tom,

You are not far from the truth!

The Moscow Chamber of Commerce failed for awhile to pay to the State of Idaho 
the state income tax withheld from employee compensation.  These taxes were then 
paid after the state threatened certain action.

The result:  $578.87 in penalties and interest FYE 2004 -- part of that money 
came from our pockets through public entities.

The excuse:  the check(s) was lost in a drawer.  Yeah, right.  Despite this and 
many other worse cock-ups, pretty boy director Paul Kimmell continues to enjoy 
the fawning favor of most of the chamber board.  Given the size and nature of 
the "errors" perhaps Kimmell belongs in that institution that was the 
inspiration for your posting 
(http://www.cnn.com/2004/LAW/11/16/prison.money.audit.ap/index.html)

[Stay tuned for more information on the egregious errors found in the chamber 
books and the resulting financial problems.  If these funds were from purely 
private sources, most in the community would not care.  But these funds come in 
part (generally in excess of $20,000 per year) from public sources -- Moscow 
School District, UI, City of Moscow, State of Idaho, etc.  So far, none of these 
public, tax supported organizations have taken the proper action compelled by 
their statutory fiduciary duties.  I hope this changes before the aftermath of 
such failure bring serious, long term consequences to these agencies.]

Wayne

Art Deco  (Wayne Fox)
deco at moscow.com

  ----- Original Message ----- 
  From: Tom Hansen
  To: vision2020 at moscow.com
  Sent: Tuesday, November 16, 2004 5:58 AM
  Subject: [Vision2020] Misplaced $377,000 Found in Prison


  This money may not accumulate much interest, but you must admit that it is 
safer than the Moscow Chamber of Commerce's budget.



  http://www.cnn.com/2004/LAW/11/16/prison.money.audit.ap/index.html





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