Please send the following letter / email to every TV News Reporter in your State - Priority 1
Use the following draft for your letter adding the to whom and from whom:
WJB - CAFR1
News Anchor X:
There is an area of National importance where a Blackout has existed for over 60-years.
I challenge you at this time to make simple mention.
The issue is: Local governments always promote "Budget Reports" when addressing the public.
The actual accurate accounting of every local government's true financial position is disclosed within their Annual Financial Report of which government added one word at the beginning to make it a Comprehensive Annual Financial Report or the acronym for being CAFR. The CAFR accounting standard started being promoted to local governments by GFOA.org in 1946 and became the standard in 1977 for all local governments, overseen for the accounting standards used by GASB.org.
In doing so, and operating under the CAFR accounting structure, you could have a local government for example promoting to the public and news media a 90-million dollar shortfall on their "Budget" while if review of the same local government's CAFR was done, it could show liquid assets and a position of being 1.5 billion in the black. Selective presentation is alive and well here and don't fall for the: "That's only our pension fund equity" when there are hundreds if not thousands of other specialty funds involved within a State venue.
Due to the true money, income, and investment capital held here, there has been an orchestrated effort for several decades to never mention the CAFR, the "Holy Grail" of local government accounting. (Kinda like in comparison if the Catholic Church chose for whatever reason never to mention the Bible)
Many parties from government / Education and Media are involved here for not a peep of the CAFR. Silence has been truly golden for them as the networked wealth grew in the CAFR as shortfalls were continually promoted on the corresponding Budgets.
To view a FEW EXAMPLE listings of (4500) CAFRs categorized by City, County, State, Special Districts, Enterprise, etc.. they can be viewed and downloaded from here - http://CAFR1.com/listings/Listings.html
You will be amazed when you look and also it will qualify for yourself that simple mention to the public is of paramount importance here.
Typical stone-walling from upper management to staff when the issue of mention comes up is: "We need to take a closer look", or "It is to complex for the public to understand" and then the buck stops there and never a mention.
So, here is my suggestion to complete the challenge to you where no valid objection can be presented, nor any "valid" reason for no mention can be lodged by upper management. Simply say / write / or present to viewers or listeners:
"The CAFR, your local government's Annual Financial Report it appears for quite some time now has been overlooked for review by many local resident taxpayers as would apply to their Cities, Counties, and School Districts complete financial condition. I request that responsible taxpayers review their local government CAFRs and get back to me with comment for further investigation from our News Team."
The above presentation is "Generic", "Responsible", and due to the shown wealth involved within the CAFR, "Of Paramount importance" to every person in our State as well as nationally.
As a guide to the viewers they can be instructed to do a Google to find their local government CAFRs by putting on the Google search line using quotes for example: "The City of X" "Annual Financial Report"
Same can be done for any State, School District, County, etc.
Also if you choose to do so, you can share the link to the CAFR1 example CAFR listing page.
You can be the leader in opening up this can of worms and then share with your co-News Reporters Nationally to do the same.
I note the blackout of the simple mention of the CAFR for the last several decades has been "The Biggest Game in Town" for not a mention due to the Wealth, Money, and Investment capitol involved. (think collectively as you look and your jaw will drop to the floor)
The above generic question opens the door for many to give that long overdue look at their local government CAFRs that is a "need to do" for any responsible citizen. (or News Reporter)
Truly Yours and from,
NAME
ADDRESS
TOWN, STATE, ZIP
END OF LETTER / EMAIL
Shaare this with your friends and associates and ask them to do the same.
Sent FYI and for your use from and Truly Yours,
Walter J. Burien, Jr.
P. O. Box 2112
Saint Johns, AZ 85936
Home: (928) 458-5854 Arizona
Office: (202) 559-7554 Washington, D.C.