Prince William County: Well-managed Finances

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Despite much whining out of some quarters about too much money being held in reserve accounts, apparently Prince William County’s Deputy County Executive Chris Martino feels the county is right on target.  Martino shared the Principles of Sound Financial Management updated and adopted in December 2012 as a backdrop to his explanation of county reserves.

The financial advisor for the county, JoAnne Carter, provided additional insight into just how important keeping cash reserves available for unforeseen events really is.  Ms. Carter is with the firm PFM and has been the county’s financial advisor for 12 years.  She shared some outcomes for counties who didn’t follow sound principles and who had lost their superior AAA rating.

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What a Tangled Web We Weave When First We Practice To Deceive Citizens of PWC

Elena

DC News FOX 5 DC WTTG

 

Lies, lies, and more lies.  Secretary Connaughton put on quite a show this afternoon.

“Supervisor Caddigan,” Sean replies in response to her concern regarding turning 234 into a truck route, ” freight traffic will only be little things like flowers and computer chips.”  So we may not have massive 18 wheelers, but just regular large trucks will be oh so much better? Hey, maybe the freight traffic will be a fleet of fiat 500’s?

Here is what we do know, the CTB, in the very beginning, have said that the reason the Bi County Parkway is needed was because Dulles was a ten billion dollar annual business and required a cargo route that had access to 95.  Dulles wants to be a truly competitive cargo eastern cargo hub.  Now suddenly, what, are we to believe the CTB was just jokin?  We aren’t really going to use 234 as a massive transit alternative for cargo trucks, we are just gonna kinda use it!

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Mark Herring, AG candidate, calls for VRS investigation

MoonHowler
Senator Mark Herring
Senator Mark Herring

Roanoke Times:

by  JIM NOLAN | Richmond Times-Dispatch

 Friday, August 2, 2013

The Democratic candidate for attorney general is calling on the state’s watchdog agency to investigate the circumstances surrounding the Virginia Retirement System’s investment in Star Scientific stock last year.

“The fact that our state’s pension fund would decide to invest in Star Scientific, a company that has suffered tens of millions of dollars in losses over the past decade, raises the possibility of serious flaws in the processes by which investment professionals within the Virginia Retirement System choose investments on behalf of our state employees,” state Sen. Mark R. Herring, D-Loudoun writes in a letter to Del. John O’Bannon, R-Henrico and Sen. John Watkins, R-Powhatan.

They are chairman and vice chairman of the Joint Legislative Audit and Review Commission.

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