tag:blogger.com,1999:blog-21829866.post8012325744863660191..comments2023-08-20T07:06:14.115-04:00Comments on Thurber's Thoughts: Is the ESM making a profit?Maggiehttp://www.blogger.com/profile/12677808307727487766noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-21829866.post-19338411773598533642008-07-30T13:01:00.000-04:002008-07-30T13:01:00.000-04:00Apparently that financial statement was prepared b...Apparently that financial statement was prepared by the intern that got a "D" in high school bookkeeping class.<BR/><BR/>You are correct Maggie about your observations regarding the ESM financial statement. It leaves more questions than it answers. Anyone, accountant or otherwise that has had any exposure to financial statements would recognize the statement for what it is. It's an insult to what little intelligence I have along with other taxpayers.<BR/><BR/>We can spend our time arguing over the details of the market, but the reality is, nothing will change until if and when Carty is no longer Mayor. Under a new Mayor that doesn't view the ESM as a monument to themselves, Toledo can finally rid itself of this albatross and other projects they have no business being involved with.skeeter1107https://www.blogger.com/profile/15125467565568229281noreply@blogger.comtag:blogger.com,1999:blog-21829866.post-20275811507351097632008-07-29T22:32:00.000-04:002008-07-29T22:32:00.000-04:00Alot of the work being done at the market,is by fa...Alot of the work being done at the market,is by facility operations.But if you ask the workers , they can't talk about it.Anonymoushttps://www.blogger.com/profile/13555443140578092213noreply@blogger.comtag:blogger.com,1999:blog-21829866.post-61623860542884112342008-07-29T14:19:00.000-04:002008-07-29T14:19:00.000-04:00jilraahThanx for the numbers Maggie.It will take m...jilraahThanx for the numbers Maggie.<BR/><BR/>It will take me awhile to digest all of that data.<BR/><BR/>I bang my head against the wall because it feels so good when I stop.<BR/><BR/>I try to figure out the City's finances because it feels so good.....well you get the idea.<BR/><BR/>Finance info from the City is a disgrace. Pathetic.navyvethttps://www.blogger.com/profile/12367264325929819549noreply@blogger.comtag:blogger.com,1999:blog-21829866.post-79496499784490532552008-07-29T12:57:00.000-04:002008-07-29T12:57:00.000-04:00The thing is the city is conducting its own invest...The thing is the city is conducting its own investigation about the situation concerning the Port Authority.<BR/><BR/>If the city gives such detailed information about the ESM (sarcasm off), then what are the chances that the report about Mr. Hartung will be just as objective?<BR/><BR/>The question everyone should be asking is whether or not the city omits certain details in order to deliberately deceive city council and the taxpayers? Or has the city left out those expenses you mentioned due to incompetence? <BR/><BR/>Neither deception nor incompetence are acceptable. To make matters worse, when the city regards others of telling "mistruths, half-truths, and outright lies" or being imcompetent, the city holds them accountable to a higher standard than to what the city holds itself to.<BR/><BR/>I have no way of knowing if the city is willfully deceiving city council or the public, but if it is, I don't think it would be negative or irrelevant to describe what the city is doing, borrowing from Winston Churchill's phrase, as the <I>"malice of the wicked".</I> <BR/><BR/>If city council or anybody else doesn't do anything to stop it, their wickedness will be, continuing to borrow from Churchill, <I>"reinforced by the weakness of the virtuous. The failure of the democratic states to act together before the monster was fully grown. In the beginning when it counted most, leadership failed. It is our obligation to remember so that it will never happen again."</I>Jay Otthttps://www.blogger.com/profile/08170850586783653546noreply@blogger.comtag:blogger.com,1999:blog-21829866.post-58605194593458350442008-07-29T12:25:00.000-04:002008-07-29T12:25:00.000-04:00Maggie,One must assume that all of these other exp...Maggie,<BR/><BR/>One must assume that all of these other expenses are covered under the "UTILITIES AND OTHER OVERHEAD COSTS ASSUMED BY THE CITY OF TOLEDO". Now based on information from last year, the expenses for ESM were actually about $350,000 for the year. If this is the case and we do the math based on past record, then at best the ESM finished the first half of the year $48K in the red.<BR/><BR/>Also not included in this sheet, so it seems, are the improvements to the deck currently being done to make the ESM a concert venue. <BR/><BR/>Kudos to the city for another "these are not the droids you are looking for..." moment.Timothy W Higginshttps://www.blogger.com/profile/17118861693269565715noreply@blogger.com