Friday, November 30, 2012

It's only money, pass the Twinkies, Hostess

Hi qqq,

I have just looked over what you sent me and I will continue to monitor this situation. As the amount is not significant, and since the county would cover the debt payments if the OTB fails in its ability to operate, this is not necessarily an issue that we would cause concern to our audience. However, if the OTB does cease operations, I will report on that.

Thanks,

xxxx



PDF] 

2012 Mid-Year Report on the County's Financial - Nassau County

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Jul 26, 2012 – Nassau County Structural Surplus (Gap) 2001-2012 ..... The 2011 audited financial statements for the OTB were issued with a “going concern” ...

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