Thursday, September 9, 2010
Thanks to a neighbor for scouring the Internet to find the City of Newport News fiscal year 2011 budget. City officials in Newport News have kept their vision for its citizens and tourists. They successfully run Newport News Golf Club at Deer Run. The fund breaks even as best as I can read this. CLICK on the images twice to enlarge.Filed Under: Technology 3 Comments
Monday, August 30, 2010
Councilman Dave Trinkle paid the meal’s tax on time for July according to Ann Shawver, Director of Finance. It was due August 20. Trinkle’s two restaurants are Fork in the Alley and Fork in the City. After being late most every month this year Trinkle has taken a “hands on” approach to his bookkeeping. Tim [...]
Friday, August 27, 2010
So you say you gave $25 of your sweat-earned tax-raped paycheck to the candidate who stirred you almost to tears the other night. You were still staring at the candidate’s halo when you wrote the check. As you handed over maybe even $100 you are thinking I’m helping this candidate who will solve all problems [...]
Friday, August 20, 2010
A Martinsville bank is one of eight (8) banks closed by the FDIC (Federal Deposit Insurance Corporation) Friday. Others included four (4) in California, two (2) in Florida and one(1) in Chicago, Illinois. For the year 2010 including today 117 banks have failed nationally. For 2009 140 banks closed their doors. In contrast in 2000 only [...]
Thursday, August 5, 2010
Governor Bob McDonnell arrived at Steel Dynamics at noon on Wednesday. Steel Dynamics Vice President and General Manager Joe Crawford and Charles Hunter Chair of the Roanoke Economic Development Authority and Dennis Cronk CEO of Poe & Cronk Real Estate Group greeted the governor. Vice-Mayor David Trinkle introduced Governor McDonnell and touted Roanoke’s two exiting [...]
Wednesday, August 4, 2010
To a tune by John Lennon and pointed quotes City Manager Chris Morrill let economic reality seep into Roanoke City Council’s agenda Monday. Morrill only had about 20 minutes to explain “Budgeting for Outcomes” – a strategy he learned and applied while Assistant City Manager in Savannah, Georgia. Prior to Morrill’s presentation Sherman Stovall, Director [...]
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Tuesday, July 20, 2010
There is a dark cloud of debt hanging over Roanoke City. In a communication from Roanoke City’s financial adviser Public Financial Management, Inc. warned that another year exceeding Roanoke’s self-imposed debt limit is risky. For fiscal year 2010 the 10% debt ceiling has been breached coming in at 10.2%. Another year over 10% risks another [...]
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Wednesday, July 14, 2010
Regulators Issue Statement to Assist Financial Institutions and Customers Affected by the Deepwater Horizon Oil Spill The federal financial regulatory agencies and the Conference of State Bank Supervisors (the regulators) issued a statement today to assist financial institutions and their customers affected by the Deepwater Horizon Mobile Offshore Drilling Unit explosion and oil spill in [...]
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Tuesday, July 6, 2010
The Treasurer’s Association of Virginia awarded accreditation to the office of Treasurer of the city of Roanoke for the year commencing July 1, 2010 and ending June 30, 2011. Mayor David Bowers read the award of accreditation at Tuesday’s city council meeting. City Treasurer, Evelyn Powers met all the requirements to be a Master Government [...]
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Wednesday, June 30, 2010
Washington, D.C., June 30, 2010 — The Securities and Exchange Commission today voted unanimously to approve new rules to significantly curtail the corrupting influence of “pay to play” practices by investment advisers. Pay to play is the practice of making campaign contributions and related payments to elected officials in order to influence the awarding of [...]
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Wednesday, June 30, 2010
A campaign dubbed “Eat for Education” was launched Wednesday in front of the Texas Tavern. The two-percent meal’s tax increase starts July 1 and Mayor David Bowers recognized that “the meals tax may impact restaurants and their customers.” The two-percent tax will go to combat the budget shortfalls for Roanoke City Schools. The campaign still [...]
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Monday, June 28, 2010
Washington, D.C., June 28, 2010 — Today the Supreme Court issued its decision in Free Enterprise Fund and Beckstead and Watts, LLP v. Public Company Accounting Oversight Board and United States of America. In its decision, the Supreme Court held that the restriction on removal of Board members under the Sarbanes-Oxley Act of 2002 violates [...]
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Thursday, June 24, 2010
The Federal Deposit Insurance Corporation’s (FDIC’s) Advisory Committee on Economic Inclusion (ComE-IN) will meet on today, Thursday, June 24th, to discuss the results of the FDIC’s small-dollar loan pilot program (the pilot). The pilot, launched in 2008, was a two-year case study designed to illustrate the feasibility of banks offering affordable small-dollar loans as an [...]
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Wednesday, June 23, 2010
Washington, DC – Following a meeting of the CFTC-SEC Joint Advisory Committee on Emerging Regulatory Issues, Commodity Futures Trading Commission Chairman Gary Gensler today commented on the status of the Wall Street Transparency and Accountability Act of 2010. Commenting on the Wall Street reform bill that is currently in conference committee, Chairman Gensler said: “The [...]
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Monday, June 21, 2010
WASHINGTON, DC – Today Congressman Bob Goodlatte called the $50.9 million renovation of the Richard H. Poff Federal Building in Roanoke a waste of taxpayer dollars and strongly requested that the project be halted before further taxpayer funds are wasted. Funds for the Poff Federal Building renovation were designated from appropriations made in the American [...]
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