Letters to the Editor 1-7-18

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County in deep fiscal trouble

Dear Editor,
Unfortunately Mr. Pete Sheehey seems to have a gross misunderstanding of the shape of LA County fiscally. We are in deep trouble running a debt twice the legal limit and on top of that at least $71 million in the red!

This is all available for anyone to read on the county website in the last audit done after the fiscal year 2016 ended. As it’s rather hard to find and it’s a rather long report mostly taken from figures the county supplied and broken down into small sections it can be tedious reading and hard to put together.

You find it by going to Los Alamos County Administrative Services, Finance and Budgets, Reports and Budgets button, Fiscal Year Reports and Budgets,

Comprehensive Annual Financial Reports, Incorporated County of Los Alamos FY2016 CAFR button.

On page 196 you see the summation of debts and on pages 179 and 180 the summations of all available moneys including reserves and all moneys spent.

The bottom line is Los Alamos County is broke and bankrupt  to the tune of over $100 million!

Greg White
Los Alamos