Saturday, June 23, 2007

Dorothy Littrell letter

Dorothy E. Littrell
4265 Edgehill Drive
Ogden, Utah 84414
801-782-5906
d.littrell@comcast.net

June 16, 2007

Letters to the Editor
Standard-Examiner

I take exception to a statement in a Letter to the Editor, June 15th by John Arrington, CPA, Ogden Finance Manager.

The statement he made is that there is no Ogden City obligation for RDA debts.

I call his attention to page 50 of the last Ogden City Independent Auditors’ Report as of June 30, 2006 which states:

“The accompanying financial statements include all activities of the City and Ogden Redevelopment Agency (RDA).

The RDA was included because the separate governing bodies of both entities are comprised of the same individuals and the City is financially accountable for the RDA.”

I challenge him to restate his comments in another Letter with full disclosure of all current Ogden City debt whether General Obligation debt, RDA debt, Lease Revenue Bonds, Tax Increment Revenue Bonds, Special Assessment Bonds, Section 108 debt, Enterprise Fund Revenue Bonds, Defeased Bonds or Lines-of-Credit which totalled $91 million plus as of last June 30th.

I suggest that Ogden City officials read page 50 of the Audit Report signed by Schmitt, Griffiths, Smith & Co. on November 27, 2006 so they will quit insisting that RDA debt is not Ogden taxpayers’ debt.

Dorothy E. Littrell, CPA

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