Government Transparency Reporting, the 1-2-3 way it must be!

Government Transparency Reporting, the 1-2-3 way it must be!
by Walter Burien - CAFR1
11/12/17

 

Every State should compile an excellent report such as what the State Government of Texas in 2005 use to put out called the Texas State Cash Report

CAFR1 wrote an article back when the State of California Government a decade ago was crying financial troubles noting the TX State Cash Report - http://cafr1.com/ASmeetSC.html

There are archive links at the bottom of the article to view several of the Texas State Cash Reports.

For easy reference here is the 2005 report shown - http://cafr1.com/STATES/TEXAS/CashReports/Archive/TX_cash_report_2005.pdf

I suggest that you download the report to your research directory for viewing over trying to read it online. The pages display slowly online and very quickly after being downloaded and saved. Also after downloading you will be able to use the search feature to find any key word or phrase quickly and you can save it to DVD for sharing..

The differences between the TX State Cash Report and CAFR can be viewed on page 19 of the report as adocument or page 37 as displayed by the .pdf reader.

The report gives a detailed listing of every fund held by the TX State Treasury (excludes funds held "outside" of the State Treasury). The detailed listing can be referenced through the index at the beginning of the report and found towards the end of the report.

I also note that the report only covers "State" fund accounts held. Within the State of Texas, non-state government operations, the thousands of all City, County, School District, other local government,  are separate entities and not part of the TX State Report. If other local governments "within" the State of Texas were totaled, that total would be substantially greater (by a factor of at least 30X) over total funds held by the TX "State Government" agencies.

I am bringing this forward at this time being that every State and "local government" should be REQUIRED to produce a detailed Cash report such as what the State of TX use to publish.

When CAFR1 made the TX State Cash Report visible to the public a decade ago, the "open disclosure" displayed was counter productive to those within government who's primary interest was wealth building outside of publc view of funds under their control. Pressure nationally was exerted for the State of TX to convolute their Cash Report to show significantly less detail. If you pull up a current TX State Cash Report you will see the clear difference between then and now.

The bottom line here of ethical transparency, as was the case from Texas State Government, a forerunner of transparency a decade ago until outside pressure was exerted on them. This outlined Cash Report should be the Standard for every State and ALL local governments within, NJ, NY, CA, MS, MA, FL, etc. today.

Have your legislators make it happen! There is no ethical or valid excuse for them not doing so, and again you can give them the exact guidelines for doing their local government Cash Report by providing the 2005 Texas State Cash Report to them. Make sure not to let them throw in one exclusion after another into their Cash report. Also a Cash report shows gross balances of all funds and NOT accounting tricks played to reflect  substantially diminished NET balances.

Use the 2005 TX State Cash Report that you download as the example for specific and required guidelines that all local governments must comply with in a Cash report they publish and make available for public viewing.

** Getting this done to allow for clear transparency as a requirement will determine if ownership of government is: The People's, Our Government or the Inside wealth building Players, their Government.

Please share this communication with your email list and publish where available for you to do so.

 

Sent FYI and Truly Yours from,


Walter Burien - CAFR1
P. O. Box 2112
Saint Johns, AZ 85936

Tel. (928) 458-5854

 


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