Author Archives: admin

VLCIA “inter-governmental funding agreement” with Lowndes County

If Lowndes County funds VLCIA and helps secure its bonds, how can the Lowndes County Commission have no control over VLCIA?

In Note A: Summary of Significant Accounting Policies of VLCIA’s FYE 2011 Annual Financial Report:

Reporting Entity

The Valdosta-Lowndes County Industrial Authority is a political subdivision created by the State of Georgia Legislature to stimulate growth in the Valdosta-Lowndes County area. The Authority’s revenues are derived primarily from contributions by local governnments and by the sale of land in the industrial development parks owned by the Authority.

Well, the VLCIA’s charter is available on the web and it doesn’t just say “growth”; it also says “the public good” and “the general welfare” of the community.

The financial report continues:

The members of the Industrial Authority are appointed by both the City Council of the City of Valdosta and the Lowndes County Board of Commissioners. Primary operating funding, as well as guarantees for certain bonds, comes from the Lowndes County Board of Commissioners and accordingly, the Authority is considered to be economically dependent on Lowndes County.
The first sentence is correct. If the second sentence is correct, how can the Lowndes County Commission say it has no control over or responsibility for the Industrial Authority?

Further, in Note F: Long Term Debt:

The bonds are secured by an “inter-governmental” funding agreement between the Valdosta-Lowndes County Industrial Authority and Lowndes County, Georgia.
If the Lowndes County government is co-guarantor of VLCIA’s bonds, how can the Lowndes County Commission say it has no responsibility or control over what VLCIA does? I am not a CPA, but the term “fiduciary responsibility” comes to mind. These bonds are, after all, being paid for by our tax dollars, and the Board of Commissioners are our elected representatives for the county.

How big are those bonds, anyway? See the next post.

-jsq

VLCIA Annual Financial Report FYE 30 June 2011

Where does that $3 million a year in VLCIA tax revenue go?

In the Annual Financial Report for the fiscal year ending 30 June 2011, for the Valdosta-Lowndes County Industrial Authority (VLCIA), there are some interesting assertions, and some really interesting dollar figures. These documents were obtained by open records request February 2011 and given to LAKE, the Lowndes Area Knowledge Exchange.

See the following posts about the “inter-governmental agreement” between VLCIA and Lowndes County and about the size of the bonds and debt servicing VLCIA has committed to. And of course read the report for yourself and see what you think.

-jsq

DHS grant for emergency vehicle, LCC work session, 21 Feb 2011

Here’s video of the explanation by county staff the proposed DHS grant application for an emergency vehicle. It includes questions and statements from commissioners, and goes on for almost 11 minutes. This was at the work session of 21 Feb 2011.

The sound would be better if the county used their own equipment, which is already purchased and in place in that same room, to record their own sessions and make them available over the web.

Here is the LAKE video. Maybe somebody would like to make a transcription.


Work session, Lowndes County Commission, 21 February 2011.
Video by John S. Quarterman for LAKE, the Lowndes Area Knowledge Exchange.

Video of this topic at the regular session of the next day will follow. This is one of the grants Ken Klanicki referred to in his LTE in the VDT the other day about a steep learning curve.

-jsq

Still no suppliers or buyers for Wiregrass Power LLC –VLCIA

According to an open records request of 17 February 2011, the Industrial Authority says Wiregrass Power LLC still
“has not yet identified or completed a comprehensive list of potential suppliers of raw materials, goods and services required to construct and operate the biomass electric generating plant.”
This is on a sheet entitled “Owners/Investors/Suppliers/Contracts”, which also says:
“Site preparation and construction is not scheduled to begin until June 1, 2011.”
Hm, what happened to breaking ground in January 2011? The document also said a “Project Critical Path time-line is attached” but it wasn’t.

Regarding buyers for the plant’s power: Continue reading →

VLCIA operating budget

Apparently VLCIA collects $3 million in tax revenues annually and pays about $368,000 in staff salaries and benefits, plus $125,000 in legal and accounting costs, as well as other items in general operations. This is according to VLCIA’s Operating Budget (FYE 30 June 2011), obtained by open records request in February 2011, and given to LAKE, the Lowndes Area Knowledge Exchange. Look for yourself; here it is in PDF and two different single-page forms.

-jsq

“the learning curve is very steep” –Ken Klanicki

This LTE appeared in the VDT yesterday (28 Feb 2011). -jsq
Former Lowndes County commissioner Richard Lee once told me “…the learning curve is very steep for first-time commissioners.” Our new county commissioners, Richard Raines and Crawford Powell, are living proof of the veracity of that statement. In case Bill O’Reilly is reading this, here’s a few examples.

Earlier this month a grant application for the purchase of 5,000 weather emergency radios was nixed by a 2 – 1 vote. The radios could’ve been a means for citizens residing in remote areas of the county to

Continue reading →

The owl in Hahira: March 2011 LAKE meeting

The owl in Hahira:
Monthly LAKE Meeting
When: 5:30-6:45 PM, Tuesday 1 March 2011
Updated meeting location
Where: home of Thomas Ieracitano
414 East Main Street, Hahira
229-251-2462
That’s on US 122, just east of the Masonic Lodge.
Thomas says:
“Bring a lawn chair, laptop (I will have Mediacom wireless) and your own food and drink.”
If it rains or there are too many bugs or something, we will move to:
Down Home Pizza
103 South Webb Street, Hahira
229-794-1888

Help cover food, water, transportation, incarceration, solar energy, biomass, and regular local government meetings: you never know when news will be made!

Popular topics lately on the LAKE blog, On the LAKE Front, include Continue reading →

“We welcome solar power to the City of Valdosta and Lowndes County”

After all the protesters, police, and press, representatives of VLCIA, Sterling Planet, Hannah Solar, Georgia Power, and the City of Valdosta did finally break ground for the Wiregrass Solar power plant. I asked Col. Ricketts for a shovel, but he just snorted. Here’s the groundbreaking video:


Wiregrass Solar LLC groundbreaking, 21 Feb 2011,
Valdosta, Lowndes County, Georgia.
Video by John S. Quarterman for LAKE, the Lowndes Area Knowledge Exchange.

Continue reading →

Valdosta State of the City –Mayor Fretti

Here’s the text of Valdosta Mayor Fretti’s State of the City speech of yesterday. I thought they said it would be available on the web today, but if so, I’m not sure where. Pictured is Rudy the K9 dog, who is mentioned in this passage:
Now Wally was purchased with grant funds. Rudy was trained with grant funds. Our mobile command center was purchased with grant funds. Several other pieces of equipment for Police and Fire departments are purchased with grants. Now, there are those that scream and shake their fist at government to say, “Take no grants, for they are evil”.
Continue reading →

Peace Love & Understanding –Nick Lowe

Elvis Costello reminds us this song was written by Nick Lowe in 1974, What’s so funny about Peace Love & Understanding?
As I walk through
This wicked world
Searchin’ for light in the darkness of insanity.

I ask myself
Is all hope lost?
Is there only pain and hatred, and misery?

And each time I feel like this inside,
There’s one thing I wanna know:
What’s so funny ’bout peace love & understanding?
Here Costello sings it with Bob Dylan, Zooey Deschanel, and Jenny Lewis:

-jsq