Newberry CSD Cannot Document
Where $29,000.00 Went
Special CSD board meeting
called for August 13, 2013 - 5 P.M.
Do you know where $29,000.00 of your
CSD tax money is? The CSD doesn't.
August 11, 2013
President Robert Royalty slips matter into a Special Meeting agenda.
(Ka-ching! Another Special Meeting stipend for the CSD directors.*)
A long ignored audit by the CSD board that is finally being done
for the 2009-2010 fiscal year has resulted in $29,000.00 not being accounted for.
David B. Whitford, Jr., CPA, notified the Newberry CSD on July 18, 2013
that over $29,000.00 of CSD funds have unexplained, unverified, or missing receipts. Sloppy
CSD accounting practices cannot properly substantiate how the funds were spent or skimmed.
A Special CSD board meeting has been called for Tuesday, August 13, 2013
to discuss in part these unaccountable funds; and to close out the 2009-2010 Audit without
further cost and research at this late date as to where the money went.
A board vote will be taken at the meeting to close the 2009-2010 Audit
by calling for all 2009-2010 outstanding charges to be submitted the next day to the CSD by
Noon for submission to the auditor for formal closure of the audit.
Closure of the 2009-2010 Audit will then allow for the opening of the
2010-2011 Audit. The audits are addressing criticism by the 2012-2013 Grand Jury
regarding the Newberry CSD's sloppy and improper accounting practices.
The CSD Special Meeting may also result in the board hiring a new
CSD General Manager and Treasurer. There is also the employment matter of a CSD
public employee that will be considered by the board in closed session.
for Newberry CSD August 13, 2013 agenda.
* In July, the CSD board voted to lower their stipends from $100.00 per meeting to $50.00.
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