By: Diane Benjamin
City Manager David Hales was on WJBC this morning: http://cdn.stationcaster.com/stations/wjbc/media/mpeg/David_Hales__Bloomington_City_Manager-1442925320.mp3
At least Scott Laughlin watched the meeting!
Where did Hales lie? Listen at 16:40.
Scott asked Hales if he was happy with the Coliseum management. Hales loves them and went on to say they achieved BREAK EVEN in operations! That was your first clue that Hales wants their contract renewed for another 5 years. (It’s up in April 2016)
Scott, you let him lie unchallenged!
I reported the REAL operational loses last January. https://blnnews.com/2015/01/20/more-coliseum-fraud/
What CIAM reports or David Hales claims is immaterial. The only reports that matter are the AUDITED financial statements.
Of course, we still don’t know how much the Coliseum really lost as of 4/30/15 because the auditors report won’t be out until the end of October.
We do know as of 4/30/12 the Coliseum lost $109,049 in operations.
We do know as of 4/30/13 the Coliseum lost $22,943 in operations
We do know as of 4/30/14 the Coliseum lost $782,945 in operation.
We do know that CIAM reported operational loses of $494,444 as of 4/30/15. We also know their numbers are never right!
David Hales: Where is the Break Even?
Is honesty too tough for you too?
Scott, is being a journalist too difficult? Why allow people to lie on your station?
Scott: When the audited numbers come out, are you going to report the REAL loses?