Ridley Park Online

Ridley Park's Online Digital Community

Bill Walls
  • Male
  • Ridley Park, PA
  • United States
Share on Facebook
Share
  • Blog Posts (10)
  • Discussions
  • Events
  • Groups
  • RidleyParkOnline.Com Photo Gallery
  • Photo Albums
  • Videos
 

Bill Walls's Page

Profile Information

Are you a resident of Ridley Park?
Yes
In which RP precinct do you live?
4th
Employer
Retired
Hobbies & interests (separate each with comma)
Municipal Finances

Bill Walls's Blog

Episode 10 Residents Role in Protecting the Future

Posted on April 29, 2010 at 10:48am 1 Comment

Episode 10 Residents Role in Protecting the Future

Financial Comparisons…

Continue

Episode 9 - Solvency in 2008 -2009 - Last Resort Measures

Posted on April 17, 2010 at 10:30am 0 Comments

Episode 9 - Solvency in 2008 -2009 - Last Resort Measures

2008 to 2009 Struggle to Remain Solvent

To recover from the dire circumstances faced in 2008 and 2009 required the following extraordinary financial management efforts and luck.

The first priority for use of the remainder of the Tax Anticipation Note that was issued and largely spent by the previous council in the first week of 2008 was to meet payroll. Second priority was to pay critical operating…

Continue

Episode 8 - December of 2007 - Brink of the Abyss

Posted on April 14, 2010 at 5:00pm 2 Comments

Episode 8 - December of 2007 - Brink of the Abyss

On January 7 of 2008 the incoming Council faced a $1,855,216 deficit from prior years.

  • $333,382 of “Accounts Payable” was shown in the Auditors’ report for 2007. A file box was found in the Borough Manager’s office that contained about $300,000 of unpaid bills. See chart below for comparison to other years.…
Continue

Episode 7 Ridley Park Financial Stress - Debt Growth & Debt - Tax Anticipation Notes Part 2 of 2

Posted on April 11, 2010 at 8:30pm 0 Comments

Episode 7 Part 2 of 2 - Debt Growth and Debt - Tax Anticipation Notes

I apologize in advance for the length of this Episode but there was a lot to cover.

A Tax Anticipation Note (TAN) is issued when Ridley Park, and most municipalities in Delaware County, do not have sufficient reserve funds for payroll…

Continue

Comment Wall (1 comment)

You need to be a member of Ridley Park Online to add comments!

Join Ridley Park Online

At 2:14pm on May 18, 2011, Comfort Zone Massage gave Bill Walls a gift
Gift
New Friends Enjoy
 
 
 

© 2017   Created by RidleyParkOnline.   Powered by

Badges  |  Report an Issue  |  Terms of Service