Monday, August 27, 2012

Corporate slush fund: How to shunt tax dollars

Mechanics of a line item transfer:

Unrelated line items transferred to the Economic Development grant fund by the McLennan County Commissioners Court. Take notice of the accounts that were raided to pay a pre-planned grant item.

 "Other purchasing services, travel reimbursement, and County legal counsel were reduced by $5,000 each; Court appointed attorney for County Court at law #1 was reduced by $12,000.

So the taxpayers of McLennan County paid for a grant to a Fortune 500 company out of budgeted but unspent funds - "fluff"

1 comment: