UPDATE:
(Paraphrased from the Sheriff) The you-know-what is hitting the fan. A confidential memo has been leaked from Angela Horan. Athough the Resolution is on the Agenda, the County Attorney will advise that the current Resolution cannot be approved. Apparently, having a conflict of interest makes it too difficult for Supervisors to perform their duties? Well, DUH! That’s why we call it a conflict of interest. Head on over to Nottingham (with an N not an F, Corey) and get the gory details.
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Apparently, Rainbow Riding is “set” to receive 211,000 dollars of carryover money, ie. taxpayer dollars this coming Tuesday.
The county board has already committed to spending $2.3 million on specific projects which were dropped from the budget in April. Peacor specifically mentioned the Rainbow Riding Center, a therapeutic horse-riding program on county-owned land in Silver Lake. It is set to receive $178,000 to pave its parking lot and other improvements, on top of $33,000 it received in April.
Rainbow Riding attracted attention because its former leader is married to Supervisor Wally Covington [who tried to give it $100,000 from his office account in November] and some felt it hadn’t gone through the same budget review as others. Peacor disagreed with that, saying it was fully examined by the board, and provided a service more cheaply than the government could.
Allow me to recap, to date, the tax payer investment of a very small non profit that serves a hundred people or so.
First, Rainbow Riding, at no cost, leases 45 acres, valued at approx 976, 000 thousand dollars annually. Due to this lease, Rainbow Riding was able to sell their own land, subsequently putting several hundred thousand dollars in the “bank”.
We also know, from their most recent 990, Rainbow Riding has over $800 THOUSAND in cash.
For the past two years, they have recieved approximately 33,000 dollars through the annual budget.