Saturday, March 10, 2018

Why would the City of Greensboro file a STPAC debt application showing $1,649,000 Program Revenue when the assumptions called for

Program Revenue in the debt application = $1,649,000;

Yet the venue is expected to lose somewhere between $173,400 to $388,312 per year;
The application doesn't show the projected losses

The application appears to be somewhat fraudulent