the staff of the Ridgewood blog
Ridgewood NJ, here is a case of Financial Alchemy . Alchemy is the medieval forerunner of chemistry, based on the supposed transformation of matter. It was concerned particularly with attempts to convert base metals into gold or to find a universal elixir.
Exhibit #1 Notice $162,650 appear out of nowhere (unbudgeted) for health benefits, and yes we all know they get health benefits with makes this particular interesting and pensions were budgeted for $36,950 and the actual $88,408 . The actual was more than double the budget , we call that a big miss. Its no Enron, and there maybe a good reason for all this but these charges need to be footnoted and explained .
Continue reading Financial Alchemy at Infant Toddler (ITDC ) Program
